Programme in Structured FinanceNational Institute of Bank Management
Price on request
Structured finance encompasses all advanced private and public financial arrangements that serve to efficiently refinance and hedge any profitable economic activity beyond the scope of conventional forms of on-balance sheet securities (debt, bonds, equity) in the effort to lower cost of capital and to mitigate agency costs of market impediments on liquidity.Structured finance products which are part of financial engineering product techniques, are commonly used to deal with risk characteristics of financial assets like loan assets and bond portfolio. These products can be customized to suit the issuers' requirements as well as the risk appetites of various classes of investors. More importantly, structured finance products are powerful tools of managing liquidity as well as credit risk for banks, financial institutions, and non-bank finance companies. They help in improving profitability, in realigning industry/
group exposures and provide opportunities for investment with potential diversification benefits.