资产抵押证券

首先是一套解决方案&假定这个问题是资产抵押证券价值面临的深层不确定因素之一。这个问题正在造成金融机构之间的互不信任，以及人们普遍丧失信心。

First comes a set of solutions if the problem is one of deep uncertainty over the valuation of asset-backed securities , which is causing mistrust among financial companies and a generalised loss of confidence .

这是美国在金融危机时期的另一种创新模式，所谓的定期资产抵押证券贷款工具，简称TALF。

The model is another American innovation from the financial crisis & the Term Asset-Backed Securities Loan Facility , or TALF .

选择适合资产／抵押支持证券的利率情景模拟技术和估价技术是其关键。

The key of OAS is to select a kind of interest rate scenario simulation and evaluation methodology fitting ABS / MBS .

目前国外比较成熟而且规范的证券是资产担保证券（ABS）和资产抵押证券（MBS）。

Currently there two kinds of mature and normative securities in foreign countries : ABS and MBS .

TALF鼓励人们投资那些看上去依然健康、但没人愿意触碰的证券化资产，如优质的AAA级资产抵押证券。

TALF set out to encourage investment in securitized assets that were seen as sound but that no one wanted to touch , like high quality triple-A asset-backed securities .

运用期权定价方法，从单一资产商业抵押贷款和多资产商业抵押贷款证券两个方面进行分析。

With the option pricing method , the model can be divided into two parts : single property CMBS and multiclass CMBS .

随着更多资产在衰退中不断成为不良资产，始于抵押担保证券的毒性在通过全球各地的银行蔓延。

The toxicity which started in mortgage-backed securities is spreading through the world 's banks as ever more assets go bad in the recession .

最早的资产证券化产品起源于1970年美国政府国民抵押协会（GNMA）担保发行的以抵押贷款组合为基础资产的抵押支持证券（MBS）。

The first asset securitized product is a kind of MBS , whose base asset was mortgaged loan portfolio , issued by GNMA in 1970 .