CDOs Are

CDOs are

A) legal entities created by financial institutions for conducting specific financial functions, e.g. bundling assets together into fixed interest bonds and selling them.
B) where assets are sold before maturity to another institution or individual.
C) a type of security consisting of a bundle of fixed- income assets, e.g. corporate bonds, mortgage debt and credit card debt.
D) the proportion of a bank's total assets held in liquid form.