loveshihongyu2020-03-17 12:09:00
老师您好, 我还是不太理解为什么CDO不能提供太多的diversification?MBS和ABS都能提供diversification。 谢谢
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Chris Lan2020-03-17 21:04:26
同学你好
因为CDO的抵押品通常是企业贷款或者企业债,所以标的资产就集中在这两种类型上,因此分散化效果差。
The collateral for a CDO is usually corporate loans or bonds. As a result, CDOs do not provide much diversification benefit compared with corporate bonds, and they do not offer unique exposure to a sector or market factor.
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