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标题: Reading 63: Overview of Bond Sectors and Instruments-LOS j 习 [打印本页]

作者: 1215    时间: 2011-3-30 14:45     标题: [2011]Session15-Reading 63: Overview of Bond Sectors and Instruments-LOS j 习

Session 15: Fixed Income: Basic Concepts
Reading 63: Overview of Bond Sectors and Instruments

LOS j: Describe collateralized debt obligations.

 

 

A CDO issued to profit on the spread between the return on the underlying assets and the return paid to investors is referred to as a(n):

A)
spread CDO.
B)
balance sheet CDO.
C)
arbitrage CDO.


 

A CDO (collaterized debt obligation) issued to profit on the spread between the return on the underlying assets and the return paid to investors is referred to as an arbitrage CDO. A balance sheet CDO is created by a bank or insurance company wishing to reduce their loan exposure on the balance sheet. Spread CDO is a fabricated term.


作者: 1215    时间: 2011-3-30 14:45

A debt security that is collateralized by emerging market debt would be a(n):

A)
CMO.
B)
CDO.
C)
MTN.


A CDO (collaterized debt obligation) is a debt obligation that is backed by an underlying diversified pool of business loans, mortgages, emerging market debt, corporate bonds, asset-backed securities, or non-performing loans. A MTN is a medium-term note issued by a corporation. A CMO (collaterized mortgage obligation) is a debt obligation that is backed by mortgages.


作者: 1215    时间: 2011-3-30 14:45

A debt security that is collateralized by various corporate bonds would be a(n):

A)
CDO.
B)
TIP.
C)
CMO.


A CDO (collaterized debt obligation) is a debt obligation that is backed by an underlying diversified pool of business loans, mortgages, emerging market debt, corporate bonds, asset-backed securities, or non-performing loans. A TIP is a Treasury Inflation-Protected Security. A CMO (collaterized mortgage obligation) is a debt obligation that is backed by mortgages.


作者: 宋宅丕    时间: 2011-9-1 21:43

顶起来!!













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