Re-securitising CDOs

Credit guide: CDOs of ABS

abc-cover-80-jpg

An increasingly popular variant on the CDO theme in recent years has been CDOs of asset-backed securities (ABS), also sometimes known as re-securitisations. The growth of the market for CDOs of ABS reflects the very rapid growth of the securitisation market in recent years, especially in Europe.

According to figures published by the European Securitisation Forum (ESF), new-issuance volume in the market rose in 2003 to a new record of €217.2 billion, up from €157.7 billion in 2002, which itself

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: