CDOs target eastern Europe


Citigroup is marketing a new multi-currency synthetic collateralised debt obligation (CDO) aimed at central and eastern European investors. The deal is one of the first to be quantoed into eastern European currencies.

“We spent a lot of time putting this deal together and have been focusing on central and eastern European clients because we see a lot of potential business there,” says Stephanie Mathern, director of structured credit at Citigroup Global Markets in London.

The €500

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