CDO-Squared is an investment in the form of a special-purpose entity (SPE) with securitization payments backed by collateralized debt obligation tranches. A collateralized debt obligation is a product structured by a bank in which an investor buys a share of a pool of bonds, loans, asset-backed securities, and other credit instruments. Payments resulting from those bonds, loans, asset-backed securities, and other instruments are then passed on to the holders of the shares of the collateralized debt obligation. It is a way to invest in multiple credit instruments and diversify risk. These instruments became popular before the 2008 financial crisis. There were 36 CDO-Squared deals made in 2005, 48 in 2006 and 41 in 2007. Merrill Lynch was a big producer, creating and selling 11 of them.
2004
• Abacus 2004-2 • Abacus 2004-3 • ACA 2004-1 • Cascade Funding I • Crystal Cove • Davis Square Funding III • Dunhill • E-Trade III • Glacier Funding I • Glacier Funding II • Independence V • Jupiter High Grade • Lakeside II • Sierra Madre Funding == 2005 ==
2005
• Abacus 2005-1 • Abacus 2005-2 • Abacus 2005-3 • Abacus 2005-5 • Adirondack 2005-1 • Altius I Funding • Broderick 1 • Camber 3 Plc • Class V Funding • Coolidge Funding • Davis Square Funding IV • E-Trade IV • Fort Sheridan • Glacier Funding III • G Street Finance • Huntington • Independence VI • Jupiter High Grade I • Jupiter High Grade II • Jupiter High Grade III • Khaleej II • Kleros Preferred Funding • Lenox • Lexington Capital Funding == 2006 ==
2006
• Auriga • Bernoulli High Grade I • Broadwick Funding • Broderick 2 • Class V Funding II • Commodore V • Davis Square Funding VI • Fortius II Funding • GSC 2006-2m • Hout Bay 2006-1 • Hudson High Grade Funding 2006-1 • Hudson Mezzanine Funding 2006-1 • Independence VII • Ipswich Street • Jupiter High Grade IV • Kleros Preferred Funding II • Kleros Preferred Funding III • Kleros Real Estate I • Kleros Real Estate II • Kleros Real Estate III • Libertas Preferred Funding I • Octans I • Pampelonne I • West Coast Funding I == 2007 ==
2007
• Abacus 2007-AC1 • Glacier Funding V • Newbury Street • Norma I • Point Pleasant 2007-1 • Timberwolf 1 • Vertical 2007-1 • Volans ==References==