Collateralised loan obligations (CLOs): A primer

Research, Preprint English OPEN
Jobst, Andreas A.;
  • Publisher: Goethe University, Center for Financial Studies (CFS) Frankfurt a. M.
  • Subject: Structured Finance | Loan Securitisation,Structured Finance,CLO,ABS | Asset-Backed Security | G21 | CLO | G15 | M20 | Loan Securitisation | ABS | Kreditsicherheit | Kreditsicherung | Informationsökonomie | D81
    • jel: jel:G21 | jel:D81 | jel:G15 | jel:M20
      ddc: ddc:330

The following descriptive paper surveys the various types of loan securitisation and provides a working definition of so-called collateralised loan obligations (CLOs). Free of the common rhetoric and slogans, which sometimes substitute for understanding of the complex n... View more
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