Meanings of rate cdo in English

The bulk of the new write-downs will come from highly rated CDO slices that many investors and analysts thought were safe.

Barclays encouraged CRSM to buy triple-A rated CDO squared derivatives on products it knew to be far riskier than the rating agency implied, CRSM said.

His strategy involved shorting the lower rungs of subprime CDOs (or derivatives tied to them) while holding on to the higher- rated CDO tranches.