CBLO | The Asian Age

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CBLO

The total mutual fund and insurance exposure in such CBLOs amount to as much as a fourth of the banking industry bad loans, or non-performing assets.

Insurers too got stuck in securitised debt deals

Poor quality and lapses in financial credit derivative instruments CBLO had shook the Wall Street in 2008 and triggered the global financial crisis.

26 Feb 2019 2:02 AM

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