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Temasek Holdings into CDOs
Pinnacle
Master
05-Nov-2007 10:23     
 
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 Alert Admin 		A unit of Singapore investment company Temasek Holdings, ST ASSET Management Ltd, will manage a US$344m Asian collateralised debt obligation (CDO) to be arranged by Lehman Brothers Holdings Inc. The value of the CDO will be based on credit-default swaps on 60 bonds sold by Asian companies and governments, with 21% from India, 17% from Australia and 30% from Hong Kong and China, according to Moody's Investors Service.
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