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The truth about Asian investment banking

The truth about Asian investment banking

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Skip Navigation LinksHome :: Back Issues :: Zenit issues first local-currency Russian CDO

January 2007

Zenit issues first local-currency Russian CDO

by Chloe Hayward


Bank Zenit issued the first collateralized debt obligation backed by a portfolio of Russian corporate debt last month. The Red Square transaction is a two-year synthetic CDO, denominated in roubles with 40 local credits. It is one of a handful of emerging...


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