BMA initiative boosts CDO transparency
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The Bond Market Association (BMA) last month launched a website in a move to promote transparency in the collateralized debt obligation (CDO) market. The CDO Transaction Library will assemble deal documents that will be available online to investors that qualitfy and investment banks .
“The library is an extremely important step in making the CDO market more transparent, which is critical to making the market more liquid and active,” says Nadine Cancell, vice president and assistant general
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