Constant Proportion Debt Obligation (CPDO)
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.
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Constant Proportion Debt Obligation (CPDO) is ...
... part of the Lending & Credit subject.







