From 221090db2ce6afd7ccd133a81cfa9d8a547f6920 Mon Sep 17 00:00:00 2001 From: emburkino Date: Tue, 28 Nov 2023 10:29:59 +0000 Subject: [PATCH 1/2] addition of clo and cdo to security schema --- documentation/properties/type.md | 2 ++ v1-dev/security.json | 2 ++ 2 files changed, 4 insertions(+) diff --git a/documentation/properties/type.md b/documentation/properties/type.md index c768e87b..866d0ed4 100644 --- a/documentation/properties/type.md +++ b/documentation/properties/type.md @@ -554,6 +554,8 @@ Other refers to a type of security not covered by the above. If you find yoursel │ ├── abs_sme │ ├── abs_consumer │ ├── abs_other +| ├── cdo +| ├── clo │ └── mbs │ ├── rmbs │ │ └── rmbs_income diff --git a/v1-dev/security.json b/v1-dev/security.json index f6e210e2..fb6ff78f 100644 --- a/v1-dev/security.json +++ b/v1-dev/security.json @@ -649,6 +649,8 @@ "cb_facility", "cb_reserve", "cd", + "cdo", + "clo", "cmbs", "cmbs_income", "commercial_paper", From e20c379a78a4497d52b4cab42b2e3a77464b2e0d Mon Sep 17 00:00:00 2001 From: emburkino Date: Tue, 28 Nov 2023 11:26:36 +0000 Subject: [PATCH 2/2] clo and cdo descriptions --- documentation/properties/type.md | 6 ++++++ 1 file changed, 6 insertions(+) diff --git a/documentation/properties/type.md b/documentation/properties/type.md index 866d0ed4..ebd18795 100644 --- a/documentation/properties/type.md +++ b/documentation/properties/type.md @@ -657,6 +657,12 @@ An asset-backed security is a security whose income payments and hence value are ### abs_other *Needs definition* +### cdo +A Collateralized Debt Obligation (CDO) is an Asset Backed Security (ABS) product backed by a pool of loans and other assets that are then divided into different tranches, each with varying degrees of risk and return. Typically the tranches are categorised as senior, mezzanine, and junior. + +### clo +A Collateralized Loan Obligation (CLO) is a type of CDO whose asset pool is comprised by leveraged loans. + ### mbs *Needs definition*