Deutsche and VTB launch Sputnik CDO

Deutsche Bank and VTB Bank Austria have launched a collateralised debt obligation based on corporate debt from member countries of the Commonwealth of Independent States (CIS).

The Sputnik CDO I is based on a portfolio of 43 rated and traded bank and corporate debts from Kazakhstan, Russia and Ukraine, obtained by Deutsche Bank and VTB Bank Austria. It has a five-year tenor and a $400 million nominal value.

According to Deutsche Bank, the CDO is "the first rated CDO referencing CIS corporates".

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 indvidual account here: