The next generation

Credit guide: future of CDOs


The emergence of equity default swaps (EDS) has led to the development of a market for more EDS/CDS hybrid structured products following in the footsteps of the JPMorgan Odysseus transaction. But beyond hybrid EDS/CDS products, the development of a range of innovative structures linked to other asset classes testifies to the adaptability, flexibility and dynamism of the basic CDO template.

For example, equity-linked structures have been tailored so that the coupon on a CDO’s mezzanine tranche

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: