from Prospects magazine

Collateralised Loan Obligations: Ignorance may not be so bliss

Mortgage backed securities, like CLOs, are a subcategory of collateralised debt obligations (CDOs). CDOs are debt securities that pool together debt instruments e.g. loans, bonds, mortgages etc. to offer investors an investment product that seeks to…

Collateralised Loan Obligations: Ignorance may not be so bliss

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