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Monoline Insurance是一种由专业保险公司(即Monolines)提供的信用保险。Monolines以其AAA的信用等级为杠杆,保证当贷款人无法按时还款时向债权人支付本金和利息。Monoline Insurance的经济价值主要体现在信用增级上,通过Monolines的担保意味着原本A级的债券现在是AAA级,增强了债券的价值和流动性。Monolines所承保的证券范围很广,从一般信用担保债券、市政和结构性债券到国内外的抵押担保债券(CDOs)等。近期的次
Monoline Insurance is a credit insurance provided by a specialist insurance company, Monolines. Monolines leverages its AAA credit rating to ensure that creditors are paid their principal and interest when the lender fails to repay on time. Monoline Insurance’s economic value is mainly reflected in the credit enhancement, through the Monolines guarantee means that the original A-class bonds are now AAA level, enhancing the bond’s value and liquidity. Monolines cover a wide range of securities ranging from general credit-backed bonds, municipal and structured bonds to domestic and foreign collateralized bonds (CDOs). Recent times