标题: Reading 62: Overview of Bond Sectors and Instruments LOS j习 [打印本页]
作者: honeycfa 时间: 2010-4-24 22:17 标题: [2010]Session 15-Reading 62: Overview of Bond Sectors and Instruments LOS j习
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 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: honeycfa 时间: 2010-4-24 22:19
A debt security that is collateralized by various corporate bonds would be a(n):
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.
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