Considerations for dynamic and static, cash and synthetic collateralised debt obligations

By Alexander Batchvarov, Jenna Collins and William Davies

This article was first published as a chapter in Credit Derivatives, by Risk Books.

European collateralised debt obligations (CDOs) have evolved from early, static, balance-sheet cash transactions to utilise synthetic execution, synthetic assets and various dynamic forms of credit portfolio management. As the market continues to evolve, diversification takes on new dimensions, potential volatility and complexity of excess cash flow may increase, currency risk is more dynamic, liquidity needs o

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: