by Thomas Ming-tak Chan. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1991. / Bibliography: leaf 40. / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iv / ACKNOWLEDGEMENTS --- p.vi / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- METHODOLOGY --- p.4 / Chapter III. --- DEVELOPMENT OF THE SECURITISATION PROGRAMME --- p.7 / Assumed Objectives --- p.7 / Basic Description of the Securitisation Process --- p.7 / Proposed Terms and Conditions --- p.8 / Chapter IV. --- ELABORATION ON THE MECHANISM OF THE PROGRAMME --- p.11 / The Issuer --- p.11 / "The Originator, Amount and Currency" --- p.12 / The Facility and the Availability of Various Tranches --- p.13 / Interest Margin --- p.15 / Fees --- p.17 / Credit Enhancement --- p.18 / Over-collateralisation --- p.18 / Creation of a Spread Account --- p.19 / Insurance Credit --- p.20 / Arrangement of a Subordinated Loan --- p.20 / Source of Interest Payment and Principal Repayment --- p.21 / Chapter V. --- COST CONSIDERATION --- p.23 / Chapter VI. --- CONCLUSION --- p.27 / APPENDIX --- p.33 / BIBLIOGRAPHY --- p.40