Credit Mart Fears Shift Toward Corporate CDO Unwinds

01 Apr 2008

Dealers are becoming more concerned about the possibility of bespoke collateralized debt obligations being unwound, as a result of an increase in defaults on corporate debt.

Dealers are becoming more concerned about the possibility of bespoke collateralized debt obligations being unwound, as a result of an increase in defaults on corporate debt.

Credit salesmen report that investors in mezzanine single-tranche CDOs had been concerned about exposure to monolines and homebuilders and over the last ...

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