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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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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Collateralized debt obligations (CDOs) are a type of structured investment finance product that contain various assets and loan products.
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