CDO

A CDO is a collateralized debt obligation or collateralised debt obligation known collectively as CDOs. CDOs are a type of asset-backed security or structured credit product that offers exposure to the credit of a portfolio of fixed income assets, such as corporate or government debt, loans, asset-backed securities (ABS), including mortgage-backed securities (MBS) such as CMBS and MBS, known as CDOs of ABS or ABS CDOs, or other CDOs, known as CDO-squared or CDOs of CDOs. CDOs can be cashflow CDOs (referencing real assets) or synthetic CDOs (referencing credit derivatives, such as CDS) or hybrid CDOs (a mix of cashflow and synthetic). Typical CDOs divide the credit risk among different tranches: senior tranches (rated AAA), mezzanine tranches (AA to B) and equity tranches (unrated). Losses are applied in reverse order of seniority and so junior tranches offer higher coupons to compensate for the added risk. However, synthetic CDOs can be structured to offer single-tranche CDOs as well.

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  Job Swaps    28 January 2016

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  Job Swaps    27 January 2016

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  SCIWire    27 January 2016

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  News Round-up    26 January 2016

• SCI Start the Week - 25 January

  A look at the major activity in structured finance over the past seven days

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  News    25 January 2016

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  News Round-up    22 January 2016

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  Job Swaps    21 January 2016

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  News Round-up    19 January 2016

• SCI Start the Week - 18 January

  A look at the major activity in structured finance over the past seven days

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  News    18 January 2016

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  News Round-up    15 January 2016

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  News Analysis    14 January 2016

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  Job Swaps    14 January 2016

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  Job Swaps    12 January 2016

• SCI Start the Week - 11 January

  A look at the major activity in structured finance over the past seven days

  Pipeline Pipeline additions picked up last week as market participants returned to their desks fo...

  News    11 January 2016

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  Job Swaps    11 January 2016

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  SCIWire    11 January 2016

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  News    8 January 2016

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  Job Swaps    7 January 2016

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