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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A synthetic CDO is a collateralized debt obligation that invests in credit default swaps or other non-cash assets to gain exposure to fixed income.
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May 10, 2022 · Inside the CDO Machine,” a special project from the Yale Program on Financial Stability, explores the first-hand perspectives of market ...
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