International Financing Guarantee Innovation and Reference

Author: Li Guo'an
Publisher:
Publish Date: 2005-06-01
Features: This book studies the various innovations in international financing guarantees to meet the new needs of objective international economic exchanges, including the innovation of independent guarantees over subordinate guarantees, the innovation of transferring the ownership of guarantees (or claims) instead of transferring the possession of guarantees, the innovation of using floating guarantees instead of fixed guarantees, and the innovation of asset securitization with comprehensive financing guarantee functions over single transaction purpose guarantees.