Description: Collateralized Debt Obligations (CDOs) are perhaps some of the most important innovations in the field of securitization. Part of the marketable instruments issued by the Special Purpose vehicle for investors, they are backed by many specific assets such as bonds and debentures. As a mechanism, CDO serves to pool illiquid loans into a marketable security. This book is a compilation of articles on CDOs and is specifically written to acquaint the reader with this concept, besides also highlighting its importance and the various Book > Business & Economics > Development - 245s dotting this field.