issuance of CDO

--cash CDOs in all currencies totaled $102 billion in the second half of 2007, one thirld of the 313 bil in the first half. --fall in dollar denominated deals has been larger, as issuance has dropped by 80% from 244 billion in the first half to 49 billion. --primary cause is the evaopration of CDOs of ABS market, falleing from 155 bil in the firs half to just 11.9 bil in the second half --if it weren't for the continued issuance of CLOs, cash CDO would be almost nonexistent.