Meanings of synthetic cdos in English

Trouble was, there seemed to be no liquidity in these synthetic CDOs.

In the heyday of the securitisation market, synthetic CDOs were the natural supplier of protection.

Synthetic CDOs crammed full of sub-prime mortgages haven't resurfaced following the havoc wreaked across financial markets over a decade ago.

Synthetic CDOs, in which a bank has bought protection from a SPV that then issued notes to investors, are tricky.

But curiously, regulators did not interview Jonathan Egol, a Goldman vice president who worked closely with Tourre in structuring and marketing synthetic CDOs.

The CDS market peaked at US$58trn in 2007, driven by the extraordinary expansion of structured credit products such as synthetic CDOs.