Collateralized Debt Obligations (CDOs)
Interactive

Collateralized Debt Obligations (CDOs)

Intuition Publishing
Updated Sep 24, 2020

A collateralized debt obligation, or CDO, is a type of securitized instrument. CDOs originally developed for the corporate debt markets, but over time they evolved to encompass the mortgage and mortgage-backed security markets. Here we describe the issuing process and key features of CDOs.