Collateralized Debt Obligation (CDO)
Wall Street Mojo
JANUARY 15, 2024
Collateralized debt obligation (CDO) is a Structured product used by banks to unburden themselves of risk, and this is done by pooling all debt assets (including loans, corporate bonds, and mortgages) to form an investable instrument (slices/trances) which are then sold to investors ready to assume the underlying risk. read more , etc.
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