Problems and prospects of assets securitisation in the modern Russia economy
The mechanism of financing attraction through securitization of assets is widely used in the world financial market. Recently the above financing technique has also started to get to emerging markets. The securitisation allows to receive a higher rating than the company-borrower one, at the expense of separating of the securitisation assets from other property of the organisation, and reduce the cost of extrafinancing too. There are also other advantages of such financing technique. Nowadays there is a special legislation only in the field of securitisation of mortgage loans in the Russian Federation. The securitisation of other types of homogeneous assets is carried out by Russian banks within foreign jurisdictions.