A collateralized debt obligation (CDO) is a complex financial product backed by a pool of loans and other assets and sold to institutional investors.
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The CDO is "sliced" into sections known as "tranches", which "catch" the cash flow of interest and principal payments in sequence based on seniority. If some ...
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A collateralized debt obligation is a product structured by a bank in which an investor buys a share of a pool of bonds, loans, asset-backed securities, and ...
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Oct 27, 2023 · A collateralized debt obligation (CDO) is a complex structured finance product that is backed by a pool of loans and other assets and sold to ...
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