IDC Launches CMO Pricing Service

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Interactive Data Corp. (IDC), the Dun & Bradstreet company that markets financial information services, is beta testing a new electronic service that will deliver end-of-day valuations of Collateralized Mortgage Obligations (CMOs) to IDC subscribers. CMOs are multi-class bonds, backed by pools of mortgage securities or whole loans, that trade in a negotiated marketplace between brokers and bond holders.

The CMO prices will be available to IDC clients through the company's Interactive Data Ser