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  • user warning: Table './mysmp_drupal/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<P>The video discusses the purpose of <A href=\"http://www.mysmp.com/bonds/asset-backed-securities.html\">asset backed commercial paper</A>.&nbsp; This is a vehicle used by companies to convert their accounts receivables into cash in an expeditious manner.&nbsp; He illustrates the structure that is put into place to create this security.&nbsp; A conduit is formed as an intermediary between the company The video discusses the purpose of <A href=\"/bonds/asset-backed-securities.html\">asset backed commercial paper</A>.&nbsp; This is a vehicle used by companies to convert their accounts receivables into cash in an expeditious manner.&nbsp; He illustrates the structure that is put into place to create this security.&nbsp; A conduit is formed as an intermediary between the company and the investors.&nbsp; The conduit purchases the accounts receivables from the company and sells <A href=\"/bonds/commercial-paper.html\">commercial paper</A> to investors to transfer the risk from the company to the conduit to the investors.&nbsp; <BR><BR>Essentially, investors will fund the purchase of the <A href=\"/fundamental-analysis/accounts-receivable.html\">accounts receivables</A> through the purchase of commercial paper from the asset backed conduit.&nbsp; Once the actual cash flows begin on the receivables, they are passed through the conduit back to the investors.&nbsp; The conduit will take a servicing fee for performing this function.</P>', created = 1563215796, expire = 1563302196, headers = '', serialized = 0 WHERE cid = '1:495cfb414934f4098134a012225a5cd3' in /var/www/html/mysmp/includes/cache.inc on line 109.
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Asset Backed Commercial Paper Conduit

See video

The video discusses the purpose of asset backed commercial paper.  This is a vehicle used by companies to convert their accounts receivables into cash in an expeditious manner.  He illustrates the structure that is put into place to create this security.  A conduit is formed as an intermediary between the company The video discusses the purpose of asset backed commercial paper.  This is a vehicle used by companies to convert their accounts receivables into cash in an expeditious manner.  He illustrates the structure that is put into place to create this security.  A conduit is formed as an intermediary between the company and the investors.  The conduit purchases the accounts receivables from the company and sells commercial paper to investors to transfer the risk from the company to the conduit to the investors. 

Essentially, investors will fund the purchase of the accounts receivables through the purchase of commercial paper from the asset backed conduit.  Once the actual cash flows begin on the receivables, they are passed through the conduit back to the investors.  The conduit will take a servicing fee for performing this function.

Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

Tradingsim.com
Day Trading Simulator

Tradingsim.com provides the ability to simulate day trading 24 hours a day from anywhere in the world. TradingSim provides tick by tick data for...

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