Friday, November 9, 2007
CDO market size
--US dollar CDO volume currently outstanding is 1.14 trillion
--Cash CDO $1 trillion, Synthetic CDO $1.6 tril
--issuers include S&P, SIFMA,Intex
--2006 vintage, SIFMA structure finance CDO is 312 bil
--not just ABS CDO bought subprimes
--based only underlying collaterals, CDOs can be broadly divided into SF CDO (ABS CDO, RMBS CDOs ) vs Corporate CDOs (CLO, CBO)
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