The spread of collateral in the CDO market

5. Other collateral types

As investors as well as arrangers and managers became more comfortable with the mechanics of CDOs in the early years of this decade, they began to experiment with an increasingly diverse range of collateral types, which is why the acronym 'CDO' has become a generic term to describe a number of obligations that can be collateralised by bonds (CBOs), loans (CLOs) or other assets.

In 2004 Barclays Capital, for example, pioneered the development of the collateralised commodity obligation (CCO) refere

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: