CIPL in the Media
Articles filed under category general
Getting your head around the CDOs
David French | 2/03/2009 11:40:30 AM
This article was originally published as 'Getting your head around the CDOs' on p 15 in The Morning Bulletin on 26th Nov 2004.
Collateralised debt obligations (CDO’s) typically offer a relatively high yield, with some type of capital guarantee or superior credit rating. Many investors are attracted by this combination, and recently brokers have been having a field day selling CDO’s.