I'm trying to understand the distinction between a Collateralized Loan Obligation (CLO) and a Collateralized Debt Obligation (CDO). Could someone explain the main differences between these two financial instruments?
6 answers
WhisperInfinity
Sat Nov 23 2024
These vehicles hold an assortment of debt instruments.
Andrea
Sat Nov 23 2024
CDO stands as a generic term encompassing various financial vehicles.
Raffaele
Fri Nov 22 2024
CLO, on the other hand, specifically refers to vehicles that invest in leveraged loans.
Valentino
Fri Nov 22 2024
Bonds are one type of debt instrument included in CDOs.
mia_harrison_painter
Fri Nov 22 2024
Mortgages, particularly subprime mortgages, are also part of CDO holdings.