CDO Reference Obligation
CDO Reference Obligation. A CDS Reference Obligation specifically defined for and referenced in a Synthectic CDO.
Issues and Challenges
Facts that distinguish this from Reference Obligation in general: This is basically the same concept but the reference obligation is subsequently used to define the constituents of a synthetic CDO portfolio. That is, the instrument which is the Reference Obligation becomes a member of that portfolio (REVIEW this - isn't it that sometimes different instruments are used instead? Need to clarify on this. What then is the relationship between the CDS Reference Obligation and the Synthetic CDO Pool constituent
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
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