标准化票据是什么?——产品解析和展望建议

An Analysis of Standardized Bills

标准化票据作为可等分化、可交易的受益凭证,在银行间债券市场交易转让,推进票据产品标准化和债券化,未来市场空间广阔。本文分析了标准化票据的产品结构,结合票据ABS进行对比分析,展望了标准化票据的未来发展方向,并提出了产品完善建议。

Standardized bills, as equally divisible and tradable beneficiary certificates which can be traded in the interbank bond market, promote securitization and appear to have considerable potential for development in the future. This paper analyzes the structure of standardized bills and compares them to assetbacked securities. It also examines the future development of standardized bills and makes suggestions for product improvement.