Collateralized Debt Obligations
Subtitle: Structures and Analysis
Publisher: Wiley
Published: September 13, 2002
Language: eng
Number of pages: 384
ISBN-13: 9780471234869
First sentence: A collateralized debt obligation (CDO) is an asset-backed security backed by a diversified pool of one or more classes of debt (corporate and emerging market bonds, asset-backed and mortgage-backed securities, real estate investment trusts, and bank debt).
Description: "Collateralized Debt Obligations defines and describes many of the current products in the CDO arena - cash flow CDOs, market value CDOs, synthetic CDOs - and explains how to evaluate each of them. Whether you're an investment manager or institutional investor, with this book as your guide you'll learn how to analyze the risks associated with different types of CDOs, create and manage a portfolio of CDOs, and assess trading opportunities in the secondary market."--BOOK JACKET.