A market redeemed



Given the past three years of poor corporate performance, with record numbers of investment-grade companies falling to junk, it may be no surprise that many investors in collateralised debt obligations have had their fingers burnt.

Collateralised debt obligations (CDOs) are tranched securities issued by a special purpose vehicle against a pool of cash or synthetic credit exposures. Downward ratings migration and some substantial defaults of once highly rated companies have therefore

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here