anina2019-03-08 16:50:27

老师，你好，关于covered bond, 原版书中的解释看不明白，如下这段话：A financial institution that sponsors ABS transfers the assets backing the bonds to a special legal entity. If the financial institution defaults, investors who hold bonds in the financial institution have no recourse against the special legal entity and its pool of assets because the special legal entity is a bankruptcy-remote vehicle; the only recourse they have is against the financial institution itself.这里应该是：If the financial institution defaults, investors who hold bonds in the financial institution have no recourse against the financial institution and its pool of assets because the special legal entity is a bankruptcy-remote vehicle; the only recourse they have is against the special legal entity itself,这样才对吧？卖贷款的金融机构倒闭了，ABS的债券持有人只能找特殊目的机构求偿而不能再找金融机构了，因为金融机构将贷款脱表了，请指点迷津