Assume a hypothetical CDO2 held 100 CLOs, each holding 250 corporate loans -- then we would need information on 25,000 underlying loans to determine the value of the security.

• 假定有一支CDO2，里面有100份CLD，抵押贷款证券，每一个分部持有250公司贷款--这时候我们就需要25000份公司信息；才能决定这支CDO2的价值。