How has the CDO market been developing in recent years
Gugliada Globally the market has taken off at an exponential pace. There were 320 transactions in 2002 and this year has taken off as well. The majority of the recent growth has come out of the Europe. But this year, Asia for the first time, is starting to pick up very nicely. Last year there were nine deals up until September. This year there have been 35 deals so far.
What types of CDOs have been coming out of Asia
Gugliada It's been a mixed bag. The majority of the transactions have been synthetics and of this type,...