Traduction de «Obligation structurée adossée à des emprunts » (Français → Anglais) :

primary collateralized bond obligation [ primary CBO ]

bear-bull bond | bull-bear bond | bull and bear bond

medium-term notes

They could now underwrite and trade mortgage-backed securities, collateralized debt obligations and establish so-called structural investment vehicles that bought these securities, causing a proliferation of these activities.

In my view, coming to Canada to make the case against mandatory minimum drug sentencing should be as unnecessary as travelling to a business school to explain why investors should avoid collateralized debt obligations, the derivative instruments that have nearly brought down the world's financial system.

Specifically, credit rating agencies were paid by the very firms issuing the mortgage-backed securities and collateralized debt obligations, firms that had an interest in seeing the highest ratings applied.

‘The above provisions concerning close links do not apply to: (a) close links between the counterparty and an EEA public sector entity which has the right to levy taxes, or in the case where a debt instrument is guaranteed by an EEA public sector entity which has the right to levy taxes; (b) covered bank bonds issued in accordance with the criteria set out in Article 22(4) of the UCITS Directive; or (c) cases in which debt instruments are protected by specific legal safeguards comparable to those instruments given under (b) such as in the case of (i) non-marketable RMBDs which are not securities; or (ii) residential real estate lo ...[+++]an-backed structured covered bank bonds or commercial mortgage loan-backed structured covered bank bonds, i.e. certain covered bank bonds not declared UCITS compliant by the European Commission, that fulfil all the criteria that apply to asset-backed securities, as set out in Sections 6.2 and 6.3 and the following additional criteria (2):