CPDOs are built on the back of credit-default swaps—the greatest credit innovation of the past decade—which give investors the chance to insure against a company going bust.
CPDOs are built on the back of credit-default swaps—the greatest credit innovation of the past decade—which give investors the chance to insure against a company going bust.
CPDO是建立于信用-违约掉期——过去十年里最伟大的信用创新——的基础之上的，信用-违约调期给予投资者一个保险的机会以抵御企业倒闭的风险。