InvestorWords.com
Collateralized Bond Obligation
Definition
CBO. 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.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!
Nearby Terms
- collateral note
- collateral surety
- collateral trust certificate
- collateral value insurance
- collateralized
- Collateralized Bond Obligation
- collateralized borrowing and lending obligation (CBLO)
- collateralized debt obligation
- collateralized debt obligation cubed (CDO-cubed)
- collateralized debt obligation squared (CDO-squared)
- Collateralized Mortgage Obligation
