债务抵押证券

从这个意义上讲，它就像是迈克尔巴里（MichaelBurry）。巴里意识到许多债务抵押证券的评级过高，同时估值过高，所以，他的基金ScionCapital率先卖空这些证券。

In that sense , it was like Michael Burry , the investor who realised that many CDOs were over-rated and over-valued , and whose fund Scion Capital was one of the first to short them .

债务抵押证券目前发展迅猛，成为全球固定收益市场的主流品种之一。

Collateralized debt obligation has experienced a mushroom period in past years , and has become one of the pillar products of global fixed income market .

这些工具通常投资于信贷市场工具，如美国次级抵押贷款债券和债务抵押证券（collateraliseddebtobligations）。

These programmes typically invest in credit market instruments , such as US subprime mortgage-backed bonds and collateralised debt obligations .

知道或关心债务抵押证券（cdo）或信用违约互换的人就更少了。

Even fewer know or care about collateralised debt obligations or credit default swaps .

这一诉讼围绕着高盛构建和营销的一种合成债务抵押证券（CDO）而展开。

The case centres on a synthetic collateralised debt obligation that Goldman structured and marketed .

在美国，Greenwich开始将证券捆绑成被称为债务抵押证券（CDO）的结构性证券。

In the US , Greenwich started bundling together securities into structures known as collateralised debt obligations .

她还表示，结构性产品的评级方法，是惠誉最明确且公开定义的评级方法之一。结构性产品包括抵押担保证券和债务抵押证券（CDO）。

She also says rating methods for structured products – a class that includes mortgage-backed securities and collateralised debt obligations , or CDOs – are among the agency 's most clearly and publicly defined .

多数银行的三级资产全年都呈上升趋势，因为它们手中的按揭支持证券（mbs）和债务抵押证券（cdo）几乎不可能脱手，此类资产池被分块卖给投资者，其中往往包含抵押贷款。

Level-three assets have risen all year for most banks as they have found it virtually impossible to sell mortgage-backed securities and collateralised debt obligations , pools of assets sold in tranches to investors and which often contain mortgages .

直到3年前，聪明、有数学头脑的学生还想当然地认为，投身复杂金融领域、创造债务抵押证券（cdo）之类的结构型产品，是致富和成功的捷径之一。

Until three years ago , smart , numerate students took it for granted that one of the fastest ways to become rich and successful was to dive into the world of complex finance , producing structures such as collateralised debt obligations ( CDOs ) .

浅析债务抵押证券在金融创新中的作用

An Analysis of the Role of Collateralized Debt Obligation in Financial Innovation

本文着重从多方面分析开发债务抵押证券对债券市场以及发行人和投资人的重要意义。

The paper tries to analyze the significance of collateralized debt obligation for debt market itself , underwriter and investor .

金融工程包括为利用财务杠杆创造出人为的金融衍生工具，例如，债务抵押证券和信贷违约掉期等。

Financial engineering involved the creation of synthetic financial instruments for leveraging credit with names like Collateral Debt Obligations and Credit Default Swaps .

随着中国多层次资本市场的逐渐完善，发展债务抵押证券也将对国内债券市场创新显示出积极的作用。

With the development of the multi-level capital market in China , collateralized debt obligation will show its positive benefit to the innovation of China debt market .

另外，这些债券然后又被用来创造出更为复杂的多元化债务担保证券，即债务抵押证券（cdo）。

Moreover , these bonds have then been used to create even more complex securities backed by diversified pools of debt , known as collateralised debt obligations ( CDOs ) .