Structured Finance in Latin America: Channeling Pension Funds to Housing, Infrastructure, and Small Business

by Hela Cheikhrouhou, W Britt Gwinner, and John Pollner

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The rapid accumulation of pension funds assets in Latin America has surpassed the offer of eligible traditional corporate debt securities, contributing to a high concentration of funds' investment portfolios on public debt. Authors argue that the introduction of structured finance mechanisms can help to expand the pool of eligible investments by issuing high quality securities that are ultimately linked to loans to small borrowers, mortgage loans or proceeds of infrastructure projects.
  • ISBN10 0821371401
  • ISBN13 9780821371404
  • Publish Date 26 June 2007
  • Publish Status Active
  • Publish Country US
  • Imprint World Bank Publications
  • Format eBook
  • Language English