中文摘要：

对信用卡应收款证券化的特点及交易结构等进行研究,并对新巴塞尔协议中关于具有提前摊还特征的证券化产品的资本金要求进行探讨,指出新巴塞尔协议在对具有提前摊还特征的信用卡证券化资本金处理方法方面存在的缺陷,提出改进的建议,并通过具体实例进行了阐释,希望对商业银行信用卡证券化的资本监管有所帮助。

英文摘要：

This paper investigates the characteristics of credit card receivables securitization and its transaction structure,and then explores its minimum capital requirement in the new Basel Accord.We find out some defects on the methods of calculations on the capital charge in the New Basel Accord and have given some suggestions together with supplementary examples.We hope that this paper can be helpful to commercial banks to fulfill the New Basel Accord better.