Financial product backed by tranches from other CDOs
CDO-Squared is a collateralized debt obligation backed primarily by the tranches issued by other CDOs.[1] These instruments became popular before the financial crisis of 2007–08. 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.[2]
The collapse of the market for collateralized debt obligations and CDO-Squared contributed to the 2008 subprime mortgage crisis.[3] Goldman Sachs
appears to be the last bank to hold CDOs-Squared, holding $50 million (~$57.7 million in 2022) in June 2018.[4]
- 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
|
- 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
|
- 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
|
- Abacus 2007-AC1
- Glacier Funding V
- Newbury Street
- Norma I
- Point Pleasant 2007-1
- Timberwolf 1
- Vertical 2007-1
- Volans
|
[5]