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CLO Performance

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NBER2021-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w29410
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资源简介:
We study the performance of collateralized loan obligations (CLOs) to understand the market imperfections giving rise to these vehicles and their corresponding economic costs. CLO equity tranches earn positive abnormal returns from the risk-adjusted price differential between leveraged loans and CLO
创建时间:
2021-11-01
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