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Application Of Asset Securitization In Financing Agriculture In Serbia

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  • Mirović, Vera
  • Bolesnikov, Dragana

Abstract

This paper aims to point out the possibilities of applying asset securitization in financing the Serbian agriculture. Government subsidies and banking loans do not provide sufficient funds so new sources of financing are in need. The process of asset securitization will enable the inflow of funds for agricultural loans approval as well as hedging. Agricultural loans can be used as collateral for issuing securities, although warehouse receipt, repurchase agreement and future income can also serve as collateral. Securitization can enable transfer of risk from insurance companies to financial market through CAT bonds and credit default swaps (CDS). The experience of countries having structured financing in agriculture is valuable for first steps in applying asset securitization in Serbia.

Suggested Citation

  • Mirović, Vera & Bolesnikov, Dragana, 2013. "Application Of Asset Securitization In Financing Agriculture In Serbia," Economics of Agriculture, Institute of Agricultural Economics, vol. 60(3), pages 1-14, October.
    • Handle: RePEc:ags:iepeoa:158255
    DOI: 10.22004/ag.econ.158255
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    References listed on IDEAS

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    1. Jerry R. Skees & Barry J. Barnett & Anne G. Murphy, 2008. "Creating insurance markets for natural disaster risk in lower income countries: the potential role for securitization," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 68(1), pages 151-167, May.
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    Cited by:

    1. Zakić, Vladimir & Kovačević, Vlado & Ivkov, Ivana & Mirović, Vera, 2014. "Importance Of Public Warehouse System For Financing Agribusiness Sector," Economics of Agriculture, Institute of Agricultural Economics, vol. 61(4), pages 1-15, December.

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    Keywords

    Agribusiness; Agricultural Finance;

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