Friday, June 22, 2007

Fitch may cut CDO ratings linked to subprime loans

(Reuters) - Collateralized debt obligations are bonds backed by other
debt including corporate bonds, subprime mortgage securities
and junk bonds.




Securities from "three 2003 diversified CDOs and one high grade CDO issued last year may be
downgraded," Fitch said in a statement.


Read more at Reuters.com Bonds News

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