Gaois

This is a static copy of data that is exported from IATE on an occasional basis. It should not be assumed that information provided about an entry here will always correspond to the current version of the entry in IATE. That current version can be checked by clicking on the link on the upper right hand side of each entry. More information »

1 result

  1. FINANCE|financial institutions and credit|financial institution

    #649595

    IATE #3546932
    oibleagáidí fiachais chomhthaobhaithe sreafa airgid Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
    ga
    cash CDO | collateralised debt obligation | cashflow CDO
    en
    Definition structured finance product that securitises a diversified pool of debt assets into multiple classes of notes from the cash flows generated by such assets Reference "‘The Barclays Capital Guide to Cash Flow Collateralized Debt Obligations’, CDO and Structured Funds Group http://people.stern.nyu.edu/igiddy/ABS/barclays_cdoguide.pdf [17.09.2014]"
    Comment "Cash flow CDOs should be distinguished from market value CDOs. Whereas market value CDOs are managed to pay off liabilities through the trading and sale of collateral, cash flow CDOs are managed to pay off liabilities from the interest and principal payments of collateral. This means that unlike market value CDOs, cash flow CDOs focus primarily on managing the credit quality of the underlying portfolio rather than the volatility of its market value. See also: - collateralised debt obligation (broader) [ IATE:343460 ] - synthetic collateralised debt obligation (related) [ IATE:3541377 ]"