Bond issuing device and bond issuing method

摘要

A bond issuing device and method for integrating monetary claims of assets with different mortgage values and changing them to bonds having preference/subordination structures. The bond issuing device includes a claim database where information on monetary claims the mortgage of which are assets is stored, a claim integrating section that extracts monetary claims of assets with different mortgage values from the claim database and creating an integrated bond to which the monetary claims are integrated, a risk analyzing section for analyzing the risk of the mortgage values of the assets of the integrated claim, and a tranche determining section for dividing the integrated claim into tranches having preference/subordination structures with reference to the risk analyzed by the risk analyzing section and changing them into bonds.