In the early days of synthetic collateralized debt obligations, most deals were static. When static deals were hit by a series of defaults in 2001 and 2002, managed deals became popular with investors ...

The market divides into three distinct parts. The oldest type of synthetic CDO is the balance-sheet or regulatory capital deal. Banks started to issue these in 1997, realizing that they could reduce ...

INVESCO has returned to the asset-backed securities market--after a near two-year absence--with its first synthetic deal. INVESCO has returned to the asset-backed securities market--after a near ...

Aug 24 - OVERVIEW -- We have reviewed the ratings on all European transactions in the monthly Global SROC Report. -- We have taken various rating actions on 22 synthetic CDO tranches. -- All the ...

(Bloomberg Markets) -- It started with bonds. Now even collateralized debt obligations (CDOs) come in green. From the humble bank loan to a complex swap, there is virtually no corner of finance for ...

The recent correction in the bond markets could prove to be a boon for emerging market CDOs, according to bankers. A few synthetic deals are in the pipeline, including one being arranged by Goldman ...

Sharp market swings and rising bankruptcies have failed to dampen activity in a complex breed of credit derivatives that enable investors to take leveraged bets on company defaults. The net size of ...

Sign up for the daily CJR newsletter. The Journal looks at how investments that were supposed to reduce risk by spreading it instead magnified it by spreading it to ...

My, how quickly we've forgotten the lessons of the financial crisis. Even though the debt markets have once again mispriced risk -- when junk bonds yield a mere 5 percent, you can be sure serious ...

The entrance of new managers into the CLO sector was a defining feature of the CDO sector in 2006. New players have undoubtedly had an easy time, entering the market at relatively competitive spread ...