Workshop on
Asset-Backed Securities Deals
Prof. Ian Giddy
New York University

Asset Securitization

Asset-backed securities constitute a growing segment of the European and global capital markets. The asset securitization technique, while complex, has won a secure place in corporate financing and investment portfolios because it can, paradoxically, offer originators a cheaper source of funding and investors a superior return. Not only does securitization transform illiquid assets into tradable securities, but it also manages to transform risk by means of the separation of good financial assets from a company or financial institution with little loss of revenue. The assets, once separated from the originator, are employed as backing for high-quality securities designed to appeal to investors.

For more details see the instructor's website,


Ian Giddy has taught finance at NYU, Columbia, Wharton, Chicago and in 30+ countries abroad for the past two decades. He was Director of International Fixed Income Research at Drexel Burnham Lambert from 1986 to 1989. The author of more than fifty articles on international finance, he has served at the International Monetary Fund and the U.S. Treasury and has been a consultant with numerous corporations and financial institutions in the U.S. and abroad. He is the author or co-author of The International Money Market, The Handbook of International Finance, Cases in International Finance, Global Financial Markets, Asset Securitization in Asia and The Hudson River Watertrail Guide.

Prof Ian Giddy
Stern School of Business
New York University
44 West 4th Street
New York, NY 10024

+1 212 998 0332


    The Deals

The following Hypovereinsbank deals may  be discussed in the workshop:

Copies may be obtained from the workshop coordinator or from the instructor. 

(My apolologies to Hypovereinsbank: some documents were posted on this website inadvertantly in the past.)

Ian Giddy

Back to the workshop page

Other resources on asset-backed securities: 
Mortgage-Backed Securities:
An Investor's Guide to Mortgage Securities - A Comparison of Mortgage Pass-Through Securities - A Glossary of Mortgage-Backed Securities - Types of Mortgage-Backed Securities
Seminars conducted by Ian Giddy Powerpoint presentation documents
Articles Case studies
Spreadsheets Internet links

Related websites:


119 West 82nd Street
New York, New York 10024

Fax 917-463-7629


Go to Giddy's Web Portal Contact Ian Giddy at ian.giddy@giddyonline.com
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