CDOs set for record volume in 2001

The volume of collateralised debt obligations (CDOs) is set to reach an all-time high this year, according to Moody's Investors Service, the rating agency.

CDOs are bonds secured on a pool of debt instruments, mainly bonds and loans. Analysts at Moody's said in a new report that the forward calendar of CDO issuance suggests another record-breaking year in 2001.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump