| 1. | The asset swap arrangement will help the hkmc to acquire mortgage assets under the current difficult market environment
资产交换安排有助按揭证券公司在当前比较困难的市况下买入按揭资产。 |
| 2. | Commenting on the survey findings , a spokesman for the hkma said , " while there has been a correction in property prices since october 1997 , banks still have a considerable cushion for their mortgage assets as a whole
金管局发言人就调查结果指出：虽然年月开始物业价格出现调整，但银行相对整体按揭资产仍持有相当理想的缓冲额。 |
| 3. | This back - to - back structure allows banks to effectively ' re - package ' their mortgage assets into a more liquid asset and maintain the majority of the cash flow if they hold the mbs in their own investment portfolio
按揭证券的背对背结构，让银行有效地"重新包装"按揭贷款，成为流动性更高的资产；另外，银行如果在投资组合中继续持有按揭证券，更可保留大部分现金流量。 |
| 4. | For the banks involved , the back - to - back structure allows them to keep a substantial portion of the cashflow from mortgages while reducing the credit risk and capital cost and substantially improving the quality of their mortgage assets
对参与银行来说，背对背结构让它们在保留来自按揭贷款的大部分现金收入之馀，又能减低信贷风险和资本成本，以及大为提高其按揭资产质素。 |
| 5. | The back - to - back mbs programme targets banks that are interested in using it as a balance - sheet management tool , whilst the bond - style mbs programme caters for a wider group of investors that are interested in the income stream from hkmcs high quality mortgage assets
背对背按揭证券计划可让银行利用按揭证券化去管理资产负债。而债券形式的按揭证券计划则更能迎合有意享有按揭证券公司优质按揭资产收入的投资者。 |
| 6. | Through investigation in shenzhen , we found that there are some problems in sme credit guarantee : banks are very strict with mortgage assets . only buildings and right of land use can be mortgaged , the other assets cannot be mortgaged for loan . sme have a little scope ; have small quantity assets and lack of valid fixed assets , which affect the mortgage and guarantee capacity for sme
通过对深圳市中小企业的调查发现，中小企业信用保证存在以下问题：银行对抵押资产要求过于严格，要求企业以房地产、土地使用权等作抵押，其他资产无法办理抵押贷款；中小企业规模小、资产数量少，企业缺乏有效的固定资产，从而影响了企业的抵押担保能力；中小企业自身财务制度、信用建设不足；中小企业难以获得外部机构或其他企业的担保等。 |
