2. Synthetic CDOs are used by commercial banks to manage and transfer credit risk from their balance
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2. Synthetic CDOs are used by commercial banks to manage and transfer credit risk from their balance sheets without transferring assets themselves.
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Related Book For
Measuring And Controlling Interest Rate And Credit Risk
ISBN: 9780471268062
2nd Edition
Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry
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