LEADER 00985cam0-22003611i-450- 001 990001261540403321 005 20050510153544.0 035 $a000126154 035 $aFED01000126154 035 $a(Aleph)000126154FED01 035 $a000126154 100 $a20001205d1960----km-y0itay50------ba 101 0 $aeng 102 $aUS 105 $aa-------001yy 200 1 $aProbability$ean introduction$fS. Goldberg 210 $aEnglewood Cliffs (N.J.)$cPrentice-Hall$dc1960 215 $aXIV, 322 p.$d23 cm 225 1 $aPrentice-Hall mathematics series 610 0 $aCalcolo delle probabilita 610 0 $aProbabilità, Probabilità$ateoria generale 676 $a519.2 700 1$aGoldberg,$bSamuel$057878 801 0$aIT$bUNINA$gRICA$2UNIMARC 901 $aBK 912 $a990001261540403321 952 $aMI-A-338$b017450$fMAS 952 $a9-E-15$b3670$fMA1 959 $aMA1 959 $aMAS 962 $a60-XX 996 $aProbability$9381266 997 $aUNINA LEADER 05767nam 22007934a 450 001 9911019950503321 005 20200520144314.0 010 $a9786610450411 010 $a9781119201311 010 $a1119201314 010 $a9781280450419 010 $a128045041X 010 $a9780470045312 010 $a0470045310 035 $a(CKB)1000000000355180 035 $a(EBL)258891 035 $a(SSID)ssj0000124671 035 $a(PQKBManifestationID)11134849 035 $a(PQKBTitleCode)TC0000124671 035 $a(PQKBWorkID)10024317 035 $a(PQKB)11440952 035 $a(MiAaPQ)EBC258891 035 $a(CaSebORM)9780471718871 035 $a(OCoLC)70808146 035 $a(FR-PaCSA)10236420 035 $a(FRCYB10236420)10236420 035 $a(Perlego)2755042 035 $a(EXLCZ)991000000000355180 100 $a20060802d2006 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCollateralized debt obligations $estructures and analysis /$fDouglas J. Lucas, Laurie S. Goodman, Frank J. Fabozzi 205 $a2nd ed. 210 $aHoboken, N.J. $cJ. Wiley & Sons$dc2006 215 $a1 online resource (529 p.) 225 1 $aThe Frank J. Fabozzi series 225 1 $aWiley finance 300 $aRev. ed. of : Collateralized debt obligations / Laurie S. Goodman, Frank J. Fabozzi. c2002. 311 08$a9780471718871 311 08$a0471718874 320 $aIncludes bibliographical references and index. 327 $aCollateralized Debt Obligations: Structures and Analysis Second Edition; Contents; Preface; About the Authors; Part I: Introduction to Cash CDOs; Chapter 1: Cash CDO Basics; WHY STUDY CDOs?; UNDERSTANDING CDOs; CREDIT STRUCTURES; A CDO STRUCTURAL MATRIX; CDOs BEING OFFERED TODAY; PARTIES TO A CDO; Chapter 2: Cash Flow CDOs; DISTRIBUTION OF CASH FLOWS; RESTRICTIONS ON MANAGEMENT: SAFETY NETS; CREDIT RATINGS; CALL PROVISIONS IN CDO TRANSACTIONS; Part II: Loans and CLOs; Chapter 3: High-Yield Loans: Structure and Performance; THE LOAN MARKET; THE SYNDICATION PROCESS; LOAN STRUCTURE AND LEADERS 327 $aLOAN INTEREST RATES AND UPFRONT FEESLOAN CREDIT QUALITY; LENDER'S LIABILITY; OVERVIEW OF LOAN TERMS; LOAN TERMS VERSUS BOND TERMS; A TALE OF TWO LOANS; THE SECONDARY MARKET; LOAN RECOVERY RATES; LOAN DEFAULT RATES; HIGH-YIELD LOAN CLO VERSUS HIGH-YIELD BOND CBO PERFORMANCE; CONCLUSION; Chapter 4: European Bank Loans and Middle Market Loans; EUROPEAN BANK LOANS; MIDDLE MARKET LOANS; CONCLUSION; Part III: Structured Finance CDOs and Collateral Review; Chapter 5: Review of Structured Finance Collateral: Mortgage-Related Products; RESIDENTIAL MORTGAGE-BACKED SECURITIES 327 $aCOMMERCIAL MORTGAGE-BACKED SECURITIESREAL ESTATE INVESTMENT TRUST DEBT; Chapter 6: Review of Structured Finance Collateral: Nonmortgage ABS; CREDIT CARD RECEIVABLE-BACKED SECURITIES; AUTO LOAN-BACKED SECURITIES; STUDENT LOAN-BACKED SECURITIES; SBA LOAN-BACKED SECURITIES; AIRCRAFT LEASE-BACKED SECURITIES; FRANCHISE LOAN-BACKED SECURITIES; RATE REDUCTION BONDS; Chapter 7: Structured Finance Default and Recovery Rates; STRUCTURED FINANCE VERSUS CORPORATE DEFAULT RATES; S&P RATING TRANSITION STUDIES AND THE MATRIX MULTIPLYING APPROACH; RESULTS OF MULTIPLYING S&P RATING TRANSITION MATRICES 327 $aS&P ON STRUCTURED FINANCE LOSS GIVEN DEFAULTS&P CONSTANT ANNUAL DEFAULT AND RECOVERIES; MOODY'S MATERIAL IMPAIRMENT STUDY; COMPARING AND RECONCILING STRUCTURED FINANCE DEFAULT RATES; MOODY'S ON STRUCTURED FINANCE HISTORICAL LOSS RATES; MOODY'S CONSTANT ANNUAL DEFAULT AND RECOVERIES; BLENDING S&P AND MOODY'S STUDIES; APPLYING CDRs AND RECOVERIES TO SF CDOs; CONCLUSION; Chapter 8: Structured Finance Cash Flow CDOs; SF CDOs VERSUS HIGH-YIELD CDOs; RATING AGENCIES ON STRUCTURED FINANCE CDOs; STRUCTURED FINANCE ASSETS' NEGATIVE CONVEXITY; EXTENSION RISK; CONCLUSION 327 $aPart IV: Other Types of Cash CDOsChapter 9: Emerging Market CDOs; EM SOVEREIGN BOND DEFAULTS; WHY THE BETTER TRACK RECORD?; CDO RATING DIFFERENCES: EM VERSUS HIGH YIELD; CONCLUSION; Chapter 10: Market Value CDOs; CASH FLOW VERSUS MARKET VALUE DEALS; THE RATING PROCESS; HOW ADVANCE RATES ARE DERIVED; CONCLUSION; Part V: Synthetic CDOs; Chapter 11: Introduction to Credit Default Swaps and Synthetic CDOs; CREDIT DEFAULT SWAPS; SYNTHETIC CDOs; CONCLUSION; Chapter 12: Synthetic Balance Sheet CDOs; CASH CLOs FOR BALANCE SHEET MANAGEMENT; PARTIALLY FUNDED SYNTHETIC CDOs; CONCLUSION 327 $aChapter 13: Synthetic Arbitrage CDOs 330 $aSince first edition's publication, the CDO market has seen tremendous growth. As of 2005, 1.1 trillion of CDOs were outstanding -- making them the fastest-growing investment vehicle of the last decade. To help you keep up with this expanding market and its various instruments, Douglas Lucas, Laurie Goodman, and Frank Fabozzi have collaborated to bring you this fully revised and up-to-date new edition of Collateralized Debt Obligations. Written in a clear and accessible style, this valuable resource provides critical information regarding the evolving nature of the CDO market. You'll fi 410 0$aFrank J. Fabozzi series. 410 0$aWiley finance series. 606 $aAsset-backed financing 606 $aDebt 615 0$aAsset-backed financing. 615 0$aDebt. 676 $a332.63/2 700 $aLucas$b Douglas J$01839117 701 $aGoodman$b Laurie S$01840480 701 $aFabozzi$b Frank J$0109596 701 $aGoodman$b Laurie S$01840480 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9911019950503321 996 $aCollateralized debt obligations$94421844 997 $aUNINA