Collateralized Bond Obligation

CBO. An Investment-grade bond backed by a large, diversified Pool of Junk bond. Usually broken down into tiers with varying degrees of Risk and varying Interest rates.

Related Terms: 11 Dow, Grade, Investment-grade bond, Interest, Interest rate, Junk bond, Own, Pool, Risk, RSI, Tier

Other Related Pages: Category: Bonds Starting With: C

Additional Related Terms: 10-K, Adjustable rate, Accrual bond, Accrual of discount, Accrued interest, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Asset-backed security