cpdo
Moody's computer glitch led to incorrect rating of CPDO …8 hours ago
LONDON (Thomson Financial) - Moody's awarded incorrect AAA ratings to billions of dollars worth of a complex debt product - constant proportion debt obligations - due to a bug in its computer models,
Stockhouse Financial News - http://www.stockhouse.com/Default.aspx|||A New Moody's Rating Scandal
The FT has an explosive story today about the market in CPDOs, and the way that Moody's, in particular, rated them. The problem is that CPDOs are so ridiculously complex that this scandal - and it is a scandal - will probably not get …
Felix Salmon - Econoblog - http://www.portfolio.com/views/blogs/market-movers/|||CPDO Rolling Mechanism5 May 2008
last updated May 6, 2008 at 12:35 PM.
Wilmott (Technical Forum) Topic Channel - http://www.wilmott.com/categories.cfm?catid=4|||Spread Blowout Knocks Down 21 CPDO, 6 CPPI Ratings14 Mar 2008
Moody’s Investors Service has bumped down the ratings on a slew of constant proportion debt obligations and constant proportion portfolio insurance transactions after the iTraxx Europe and CDX.NA.IG indices blew out yesterday.
Total Securitization Today's News - http://www.totalsecuritization.com
|||CPDO Downgrades Could Spell End For Nascent Asia Market14 Mar 2008
Approximately EUR2 billion of constant proportion debt obligations and constant proportion portfolio insurance transaction have been downgraded in another round of rating slashing.
Derivatives Week Credit - http://www.derivativesweek.com|||Index roll next week - will CPDO roll costs be straw that breaks …
Probably not, as roll costs are only around 1bp - CPDOs will typically roll into the new index over a 10 day period. Provisional constituents are out from Markit - BAA is on the list. http://www.noelwatson.com/blog/PermaLink,guid …
Watson's Ramblings - http://www.noelwatson.com/blog/
|||Learning about CPDO’s
Analysts estimate that about $6 trillion of those contracts tied to corporate bonds have been pooled into investments called synthetic collateralized-debt obligations, or CDOs, and constant-proportion debt obligations, or CPDOs, …
Dinocrat - http://www.dinocrat.com|||Reminder to CPDO re previous agreement
Please click on image for a better view. Back to Main Page.
Conserve Our Ma-a Hills - http://conserveourmaahills.blogspot.com/
|||CPDO: Endgame
The end of some of the CPDOs nears. I did hint earlier that a yield of Libor 200 implied that they were not AAA securities, and indeed it turns out that, once again, straightforward beta rather than alpha was the cause of the return. …
Deus Ex Macchiato - http://deusexmacc.blogspot.com/
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