النظام القانوني لعملية التوريق

Abstract EN

When the lender bank needs monetary cash and can not wait until the deadline of debt claiming , it "the establishment which has undertaken the securitization" converts or sells its secured debts in cash at a low price for the securitization company which in its turn collects the homogenous debts in a single portfolio and issues debentures equivalent to the value of these debts so that it can get monetary cash through selling them for the investors in the stock market ,in a sense these debentures put for the general subscription in the primary issuing market, knowing that the monetary cash obtained by the company paid for the value of the bank assets, thus the investors can get the debentures and periodical interests due to them, the debenture value asset in the date of its claiming by selling these securities, as well as they have the right to speculate the security in the stock market till the deadline of its claiming that usually corresponds that one of the debt claiming.