The recent correction in the bond markets could prove to be a boon for emerging market CDOs, according to bankers. A few synthetic deals are in the pipeline, including one being arranged by Goldman ...
A report on financial risk based on a survey answered by 175 bankers, regulators and corporate users was published last month by the Centre for the Study of Financial Innovation. They were asked to ...
In the simplest form of a CDO, this credit risk exposure is generated in the same way as for any asset-backed security (ABS): the CDO is backed by outright holdings of corporate debt, such as ...
Feeling a little insecure about our grasp of Collateralized Debt Obligations, we dropped in on the Bond Market Association forum on the subject. Talk about jumping into the deep end of the pool! One ...
Financial derivatives have greatly enhanced the range of tools available for managing financial risks. Currently, derivatives are widely used to mitigate and reallocate the financial risk related to ...
Don’t mistake CLOs for CDOs - CLOs invest in senior secured loans and have built-in risk protections that have been tested through two major market crises. CLOs stand apart from other types of ...
A collateralised debt obligation (CDO) is a type of financial product – a credit derivative – which is backed by an underlying pool of loans. An investment bank pulls together mortgages, bonds, car ...
NEW YORK (Reuters) - With the subprime mortgage crisis making investors wary of collateralized debt obligations, or bonds secured by other bonds, Wall Street is cooking up even riskier deals offering ...
NEW YORK (Reuters) - Investors in some structured credit deals using derivatives are seen as likely to unwind them after new U.S. accounting rules are introduced that will require the derivatives to ...