-
One striking aspect of the recent subprime lending debacle is the number of analysts who assure us that there is no fallout.
-
A collateralized commodity obligation consists of commodity risk repackaged into a synthetic CDO structure. -
Securities arbitrage vehicles have evolved into a variety of structures, with arbitrage conduits and structured investment vehicles dominating the scene.
-
In the past, microfinance has been viewed as charity serving the impoverished in underdeveloped countries.
-
During the last two years a considerable amount of time and effort has been spent on ways in which state governments can increase revenues other than by increasing taxes.
-
The commercial aviation industry has rebounded significantly in the past 18 months following a disastrous industry downturn stemming from shocks to consumer travel behaviour, including the events of 9/11, the Sudden Acute Respiratory Syndrome scare and the onset of the conflict in Iraq.
-
Available funds caps are a common feature of European commercial mortgage-backed securities transactions.
-
The US commercial real estate collateralised debt obligations (CRE CDO) market is well established, issuing since 1999, a total of around $30 billion.
-
Common market best practice for pricing off-the-run or bespoke collateralized debt obligation tranches involves mapping implied base correlation surfaces calibrated from actively traded tranches such as those on the CDX or iTraxx.
