Finance and Economics Discussion Series: Understanding the Risk of Synthetic Cdos by Michael S. Gibson

Finance and Economics Discussion Series: Understanding the Risk of Synthetic Cdos

Michael S. Gibson

32 pages missing pub info (editions)

nonfiction politics
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Description

Synthetic collateralized debt obligations, or synthetic CDOs, are popular vehicles for trading the credit risk of a portfolio of assets. Following a brief summary of the development of the synthetic CDO market, I draw on recent innovations in mode...

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