A new type of credit derivative, first issued in 2006. CPDOs were initially rated very highly, despite their high volatility. CPDOs offer long-term exposure to credit risk, and are similar to collateralized debt obligations. After the credit crisis in 2007-2008, many CPDOs significantly decreased in value.
Related information about Constant Proportion Debt Obligation (CPDO):
- Constant Proportion Debt Obligation (CPDO) Definition | Investopedia
A type of synthetic collateralized debt instrument that is backed by a debt security index, such as an iTraxx index. CPDOs were first created by ABN AMRO in ...
- Constant Proportion Debt Obligations - Board of Governors of the ...
The Constant Proportion Debt Obligation (CPDO) appeared at the peak of the market for structured credit products. The first CPDO issue, ABN Amro's Surf, was ...
- constant proportion debt obligation CPDO - Financial Times Lexicon
constant proportion debt obligation CPDO. A seriously complex financial instrument, invented in 2006 by ABN Amro, the Dutch bank, and designed to pay the ...
- What is a CPDO (constant proportion debt obligation)? | LinkedIn ...
Feb 28, 2007 ... The constant proportion debt obligation (CPDO) product is a hybrid of CDO and credit constant proportion portfolio insurance (CPPI) that ...
- Constant Proportion Debt Obligations – The ... - Securitization.Net
Dec 8, 2006 ... The Constant Proportion Debt Obligation (CPDO) is the latest innovation to enter the rated structured credit market. It is similar in spirit to its ...
- What is Constant Proportion Debt Obligation (CPDO)? definition and ...
Definition of Constant Proportion Debt Obligation (CPDO): A new type of credit derivative, first issued in 2006. CPDOs were initially rated very highly, despite ...
- UBS debt deal loses 90 percent on financials-Moody's | Reuters
Nov 23, 2007 ... The unwind of the deal known as a Constant Proportion Debt Obligation (CPDO) caused an approximate 90 percent loss for investors, Moody's ...
- Constant Proportion Debt Obligation (CPDO) « Riskopedia
Mar 17, 2007 ... This is a new product when introduced sometime around last year (2006). Here is a presentation by ABN AMRO, cpdo.pdf Illustrate a simple ...