University of Twente Student Theses
The financial crisis as game changer : evidence from primary market RMBS spreads in the UK and the Netherlands
Have, Sander ten (2014) The financial crisis as game changer : evidence from primary market RMBS spreads in the UK and the Netherlands.
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| Abstract: | Securitisation is the process of converting existing assets or future cash flows into marketable securities. Through this process illiquid debt contracts, such as residential mortgages in the case of RMBS, can be pooled and sold as bonds to investors. The securitisation markets forms an essential element of the global financial system and the global financial crisis. However, most research in this field has focused on the US market or uses pre-crisis data. This thesis focuses on Dutch and UK residential mortgage-backed securities (RMBS) issued in the post-crisis period (September 2009 until July 2014). The goal of the research is to answer our main research problem: “Which factors influence the launch spreads for RMBS in the UK and the Netherlands?” |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 83 economics |
| Programme: | Industrial Engineering and Management MSc (60029) |
| Link to this item: | https://purl.utwente.nl/essays/66313 |
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