- Hardcover: 528 pages
- Publisher: John Wiley & Sons; 2nd Edition edition (13 Jun 2006)
- Language English
- ISBN-10: 0471718874
- ISBN-13: 978-0471718871
- Product Dimensions: 16.1 x 4.2 x 23.3 cm
- Amazon Bestsellers Rank: 1,048,901 in Books (See Top 100 in Books)
- See Complete Table of Contents
Collateralized Debt Obligations
and over one million other books are available for Amazon Kindle .
Learn more
| ||||||||||||||||||||||||
Did you know you can trade in your old books for an Amazon.co.uk Gift Card to spend on the things you want? Plus, get an extra £5 Gift Certificate when you trade in books worth £10 or more before June 30, 2012. Visit the Books Trade-In Store for more details. |
Product details |
More About the Authors
Discover books, learn about writers, and more.
Product Description
Product Description
Since first edition′s publication, the CDO market has seen tremendous growth. As of 2005, $1.1 trillion of CDOs were outstanding –– making them the fastest–growing investment vehicle of the last decade. To help you keep up with this expanding market and its various instruments, Douglas Lucas, Laurie Goodman, and Frank Fabozzi have collaborated to bring you this fully revised and up–to–date new edition of Collateralized Debt Obligations. Written in a clear and accessible style, this valuable resource provides critical information regarding the evolving nature of the CDO market. You′ll find in–depth insights gleaned from years of investment and credit experience as well as the examination of a wide range of issues, including cash CDOs, loans and CLOs, structured finance CDOs and collateral review, emerging market and market value CDOs, and synthetic CDOs. Use this book as your guide and take advantage of this dynamic market and its products.
From the Inside Flap
The market for collateralized debt obligations–including both collateralized bond obligations (CBOs) and collateralized loan obligations (CLOs)–is the fastest growing sector of the asset–backed securities market. In 1995, a major bond rating agency rated only six deals with a par value of $1 billion. By 2001, that same rating agency rated 277 deals with a par value of $101 billion.
To help you keep up with the expanding CDO market and its various instruments, Laurie Goodman and Frank Fabozzi have collaborated to bring you Collateralized Debt Obligations: Structures and Analysis. Written in a clear and accessible style, this book is a valuable guide that provides you with critical insights into many areas of this important market sector.
Collateralized Debt Obligations defines and describes many of the current products in the CDO arena–cash flow CDOs, market value CDOs, synthetic CDOs–and explains how to evaluate each of them. Whether you′re an investment manager or institutional investor, with this book as your guide you′ll learn how to analyze the risks associated with different types of CDOs, create and manage a portfolio of CDOs, and assess trading opportunities in the secondary market.
Filled with in–depth insights gleaned from years of investment and credit experience, Collateralized Debt Obligations examines a wide range of CDO topics that cannot be found in any other text.
Topics covered include:
∗ Cash flow versus market value structures
∗ Synthetic structures
∗ Structures backed by speculative and investment grade corporate bonds and loans, emerging market bonds, and structured finance products
∗ The appropriate default rate for evaluating high yield–backed structures
∗ Mezzanine and equity tranches
∗ PIK tranches
∗ Structural considerations and the CDO arbitrage
With the number of CDOs backed by structured financial products on the rise, there is even a chapter that covers the ABS, RMBS, CMBS, and REIT products typically used as collateral.
The collateralized debt obligations market is an exciting and profitable place for those who understand its complexities. With Collateralized Debt Obligations as your guide, you can begin to understand and take advantage of this ever–evolving market and its products. --This text refers to an out of print or unavailable edition of this title.
To help you keep up with the expanding CDO market and its various instruments, Laurie Goodman and Frank Fabozzi have collaborated to bring you Collateralized Debt Obligations: Structures and Analysis. Written in a clear and accessible style, this book is a valuable guide that provides you with critical insights into many areas of this important market sector.
Collateralized Debt Obligations defines and describes many of the current products in the CDO arena–cash flow CDOs, market value CDOs, synthetic CDOs–and explains how to evaluate each of them. Whether you′re an investment manager or institutional investor, with this book as your guide you′ll learn how to analyze the risks associated with different types of CDOs, create and manage a portfolio of CDOs, and assess trading opportunities in the secondary market.
Filled with in–depth insights gleaned from years of investment and credit experience, Collateralized Debt Obligations examines a wide range of CDO topics that cannot be found in any other text.
Topics covered include:
∗ Cash flow versus market value structures
∗ Synthetic structures
∗ Structures backed by speculative and investment grade corporate bonds and loans, emerging market bonds, and structured finance products
∗ The appropriate default rate for evaluating high yield–backed structures
∗ Mezzanine and equity tranches
∗ PIK tranches
∗ Structural considerations and the CDO arbitrage
With the number of CDOs backed by structured financial products on the rise, there is even a chapter that covers the ABS, RMBS, CMBS, and REIT products typically used as collateral.
The collateralized debt obligations market is an exciting and profitable place for those who understand its complexities. With Collateralized Debt Obligations as your guide, you can begin to understand and take advantage of this ever–evolving market and its products. --This text refers to an out of print or unavailable edition of this title.
Inside This Book
(Learn More)
First Sentence
Collateralized debt obligations (CDOs) have been around since 1987. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Collateralized debt obligations (CDOs) have been around since 1987. Read the first page
Explore More
Concordance
Browse Sample PagesConcordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Tag this product(What's this?)Think of a tag as a keyword or label you consider is strongly related to this product.
Tags will help all customers organise and find favourite items. |
Customer Reviews
There are no customer reviews yet on Amazon.co.uk.
5 star
4 star
3 star
2 star
1 star
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
11 reviews
10 of 11 people found the following review helpful
Excellent Resource
7 Jan 2004
Format:Hardcover
Ms. Goodman's book is a much needed resource on CDOs. If you are just learning about the CDO market, Ms. Goodman clearly defines key terms and explains the structures from beginning to end. Those with extensive Wall Street experience will enjoy having one of the few well-written references available in the market. It is also a good marketing tool to give to potential investors. This is a good comprehensive reference guide.
6 of 7 people found the following review helpful
Good Reference
4 Nov 2002
Format:Hardcover
This book covers a broad number of topics on CDOs. I would recommend it with the earlier one "Investing in Collateralized Debt Obligations". Combined they give you a good insight on the market.
8 of 10 people found the following review helpful
Good introduction to the CDO market
28 Oct 2002
Format:Hardcover
This well written book provides an excellent introduction to the CDO market. It covers topics of interest to the potential investor in these securities, in an easy to use format.
Were these reviews helpful?
Let us know
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
