Tuesday, July 10, 2007

UPDATE 1-S&P-13.5 pct of US hybrid CDOs exposed to subprime

(Reuters) - NEW YORK, July 10 - Standard & Poor's said on Tuesday
13.5 percent of U.S. cash flow and hybrid collateralized debt
obligations it rates are exposed to subprime loan deterioration.




The rating company said 218 U.S. cash flow and hybrid CDOs
have exposure to poor-performing subprime loans. European and
Asian CDOs have little exposure, S&P analyst Patrice Jordan
said on a conference call on Tuesday.


Read more at Reuters.com Bonds News

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