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TPDS

It stands for tranched portfolio default swap; a variation of collateralized debt obligations (CDOs) in which the exposure to the…

Static Synthetic CDO

A synthetic collateralized debt obligation (synthetic CDO) that has a fixed (static) reference portfolio until maturity. Once a sponsor constructs...

Synthetic CDO

A collateralized debt obligation (CDO) that is a variation of a standard or vanilla CDO, but in which the underlying...

Synthetic CDO Spread

The CDO tranche spread that is defined by a number of factors, mainly including: attachment point, tranche width, swap maturity,...

Synthetic CDO

A credit derivative (originally a collateralized debt obligation) whereby the credit risk on a reference portfolio is transferred between the...