Definition, Uses, Vs. Bespoke Tranche Selection
What Is a Bespoke CDO? A bespoke CDO is a structured financial product—specifically, a collateralized debt obligation (CDO)—that a dealer creates for a specific group of investors and tailors to their needs. The investor group typically buys a single tranche of the bespoke CDO, and the remaining tranches are then held by the dealer, who