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8 changes: 8 additions & 0 deletions documentation/properties/type.md
Original file line number Diff line number Diff line change
Expand Up @@ -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
Expand Down Expand Up @@ -655,6 +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*

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2 changes: 2 additions & 0 deletions v1-dev/security.json
Original file line number Diff line number Diff line change
Expand Up @@ -653,6 +653,8 @@
"cb_facility",
"cb_reserve",
"cd",
"cdo",
"clo",
"cmbs",
"cmbs_income",
"commercial_paper",
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