6.2.4 Sources of bank funds 1. transactions deposits(交易存款) 2. nontransactions de poss(非交易存款) Nontransactions deposits consist of domestic deposits that either have limited check-writing privileges or no check-writing privileges at all. Nontransactions deposits includes savings, time deposits
6.2.4 Sources of bank funds 1. transactions deposits （交易存款） 2. nontransactions deposits (非交易存款) Nontransactions deposits consist of domestic deposits that either have limited check-writing privileges or no check-writing privileges at all. Nontransactions deposits includes savings, time deposits
3. foreign deposits 4. borrowed funds 我府成真
3.foreign deposits 4.borrowed funds
5.“ miscellaneous” liabilities >borrowings from the Federal reserve > borrowings in the Federal funds market > borrowings by banks from their foreign branches their parent holding companies(银行控般公司),and their subsidiaries and affiliates >repurchase agreements
5.“miscellaneous” liabilities : Øborrowings from the Federal Reserve Øborrowings in the Federal funds market Øborrowings by banks from their foreign branches, their parent holding companies( 银 行 控股公司),and their subsidiaries and affiliates. Ørepurchase agreements
6. Another source of bank funds, and one that has become increasingly important arise from the sale of assets through securitization(证养化 Securitization: pooling a group pf loans into a trust and then selling securities issued against the trust, thus transforming nontraded loans into traded securities
6.Another source of bank funds, and one that has become increasingly important arise from the sale of assets through securitization(证券化) Securitization:pooling a group pf loans into a trust and then selling securities issued against the trust, thus transforming nontraded loans into traded securities
Asset securitization(资产证券化): Mortgage- Backed securities-ABS抵押支持证券 Asset- Backed securities-ABS资产支持证券 Aset- Backed- Commercial paper-ABCP资产支持商业票据
Asset securitization(资产证券化): Mortgage-Backed Securities-ABS 抵押支持证券 Asset-Backed Securities-ABS 资产支持证券 Asset-Backed-Commercial Paper-ABCP资产支持商业票据