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Broad Index Secured Trust Offering (BISTRO): Overview

Financial Concepts

Definition

What Was a Broad Index Secured Trust Offering (BISTRO)? A broad index secured trust offering (BISTRO) was a proprietary name used by J.P. Morgan for creating collateralized debt obligations (CDOs) from credit derivatives. About a week before Christmas 1997, J.P. Morgan launched the Broad Index Secured Trust Offering (BISTRO), a $700 million bond issue referencing a portfolio of more than 300 corpo

In Panel Profits

In the Panel Profits market platform, Broad Index Secured Trust Offering (BISTRO): Overview applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.