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Articles published in 2004

Getting your head around the CDOs

Getting your head around the CDOs

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.

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