Cash CDO

Firstly, we must establish the corporate existence of our new limited purpose minibank CASH CDO I—or CCDO I. CCDO I will be the vehicle by which we will attempt to intermediate the US high-yield market with the German institutional investor base. Exhibit 15.2 illustrates the mechanics described in this hypothetical example. 

Portfolio quality and diversification The portfolio of CDS represents exposure to a pool of 100 different corporate and financial entities representing over 20 industries across multiple countries. The exposures are principally investment grade, which offers a diversification from cash CDO portfolios. 

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See also in sourсe #XX -- [ , , , , , ]

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