Securitization: reliability and profitability of securities

In this article, the authors tried to clarify such new financial instrument for Russia as securitization. Despite numerous association of this term with security services, securitization has nothing in common with protection and insurance. Securitization is a technique of attraction financial flow through issuance of securities. The authors has mentioned the different types of securitization and described the peculiarities each of them. The roles of all stakeholders in the process of securitization were also described. The main part of the work was devoted to study of the profitable benefits of this financial procedure for all actors. Particular attention in this case was paid to companies, investors and the state. In conclusion, the authors summarized that, in Russia, securitization as a mechanism could not function properly because of the lack of legal basis.