Originally Posted by
Mandrake
Unrelated but are there still reserve lines out there? How much does one CDO average in credit on these lines? I always see CDOs in opentime and ask myself who would pick that up for 4:00 credit. OO pays 1/2 the duty for standups.
Usually there are pre-built CDO lines yes. They pay 75. About 30 block. 12 days off. 1/2 Duty would be better certainly. That could be 85-90ish under an ideal CDO line. Some get close to 10 hours long. Many, many stand ups aren't even 8hours long total, so careful what you wish for.