CDO evolution gathers pace

CDOs

cover-jpg
In November, rating agency Standard & Poor’s (S&P) announced that it had developed a new ‘drill-down’ methodology to assess the risk of loss to investors in synthetic collateraliseddebt obligations (CDOs) that reference other CDOs – so-called ‘CDOsof CDOs’ or ‘CDO-squared’ transactions.

S&P made the methodology, which was built into its ‘CDO Evaluator’ product – aMonte Carlo simulation tool for assessing CDO default risk – availablein December, but it thought it so important that the market be ab

To continue reading...

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 indvidual account here: