CBO Definition

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CBO

Definition

Collateralized Bond Obligation. An investment-grade bond backed by a large, diversified pool of junk bonds. Usually broken down into tiers with varying degrees of risk and varying interest rates.

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CBO is in the Bonds subject.

Related terms

collateralized debt obligation

CBO appears in these other terms

CBOT, CBOE

CBO appears in the definitions of these other terms on BusinessDictionary.com

collateralized loan obligation (CLO), collateralized mortgaged obligation (CMO)

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