Barclays launches new CCO

Barclays Capital has launched Everest I, a managed version of the collateralised commodity obligation (CCO) structure it has helped pioneer.

Barclays launched its original CCO in December 2004, offering debt-like payouts from a basket of commodity trigger swaps. Underlyings included energy and precious and non-precious metals. The new product will be managed by TCW Asset Management, a Los Angeles-based CDO specialist. TCW will be responsible for selecting and managing the portfolio.

Barclays s

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: