The CDO of ABS review covers the latest developments in the European cash CDO of ABS market. We review both CDOs of "traditional" ABS, including RMBS, CMBS, and consumer ABS, as well as CDOs of other CDO tranches, so-called CDO squared transactions. Although most CDOs of high-grade ABS and CDO squareds involve U.S. assets, this article's focus is on those transactions that were rated out of Europe.

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Ratings information can also be found on Standard & Poor's public Web site under Credit Ratings.