Synthetic Cdos

Some articles on cdo, cdos, synthetic cdo, synthetic cdos:

Collateralized Debt Obligation - Structures
... CDO is a broad term that can refer to several different types of products ... market value Cash flow CDOs pay interest and principal to tranche holders using the cash flows produced by the CDO's assets ... Cash flow CDOs focus primarily on managing the credit quality of the underlying portfolio ...
Synthetic CDO - Definition
... A synthetic CDO is typically negotiated between two or more counterparties that have different viewpoints about what will ultimately happen with respect to the underlying ... In technical terms, the synthetic CDO is a form of collateralized debt obligation (CDO) in which the underlying credit exposures are taken on using a credit default swap rather than by having a vehicle buy assets such ... Synthetic CDOs can either be single tranche CDOs or fully distributed CDOs ...

Famous quotes containing the word synthetic:

    In every philosophical school, three thinkers succeed one another in the following way: the first produces out of himself the sap and seed, the second draws it out into threads and spins a synthetic web, and the third waits in this web for the sacrificial victims that are caught in it—and tries to live off philosophy.
    Friedrich Nietzsche (1844–1900)