我国信贷资产证券化的发展及对策研究

The Credit Asset Securitization Development Status in China and Its Countermeasure

在国家盘活存量的政策导向和监管机构的实质性推动下,信贷资产证券化井喷式发展,呈现发行主体增多、基础资产多样、结构创新丰富、投资积极性提高等可喜局面。但在业务续做中,仍然面临政策法规不健全、发行成本高、基础资产缺乏透明度、流动性不足等突出问题。文章结合业务实际,对我国信贷资产证券化的现状、存在的问题进行了梳理和研究,并提出了若干政策建议。

Guided by the national policy of revitalizing stocking assets and substantively pushing forward by the regulatory authority, the credit asset securitization has witnessed an explosively development in recent years. The development is featured with increasing issuing bodies, diversified basic assets, prosperous innovation structures and enhanced investing motivations. However, in the proceeding procedures, it may encounter some protruding problems such as imperfect policies and regulations, high issuing cost, insufficient transparency in basic assets and inadequate liquidity. Considering the facts in real business, the article studied the current situation and the problems of the credit asset securitization in China,and proposed some policy suggestions.