Global collateralized debt obligation market growth to 2020 is driven by collateralization of derivatives as well as increased integration of financial markets. Central clearing was introduced in the ...

All three articles also raise important points for those concerned about the health of the international financial system. Martin Wolf’s excellent essay takes a lot of themes that we have discussed ...

In this issue we present four full-length research papers. We are pleased to include papers coauthored by two very prominent contributors in the field, Robert Jarrow and John Hull, in this issue. The ...

The objective of this paper is to help a bank originator of a collateralized debt obligation (CDO) to build a maximally profitable CDO. We consider an optimization framework for structuring CDOs. The ...

Cango (CANG) sold 2,000 Bitcoin for $143M in March, reducing debt to $30.6M and cutting production costs 19.3% to $68,216 per ...

Professor Lee Buchheit explained who are the lenders (sovereign debtor and state owned entities), and who are the borrowers (multilateral official, bilateral official, and commercial (private)).

In recent years, the landscape of Collateralized Loan Obligation BB-rated debt has undergone a quiet but profound transformation. The evolution of CLO BB debt is challenging long-held assumptions, ...

AIG's near-collapse in 2008 was triggered by risky bets on collateralized debt obligations and credit default swaps. The U.S. government bailed out AIG with a package reaching up to $150 billion, ...

(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...