Initially, securitisation, as a financing technique, was developed as a means of funding the acquisition of residential properties in the United States in the 1970s. Today, companies of all types, revenue size, and debt rating routinely raise capital by using financial assets to back securities issued in the capital markets, writes Noman Ali.
Noman Ali is currently preparing to sit entrance examinations for the Law Society in Ireland.
This article appeared in the April 2003 edition of Finance Magazine.
