A Collateralized Bond Obligation (CBO) is a type of structured security backed by a diversified pool of high-yield bond issuances. CBOs are a subset of Collateralized Debt Obligations (CDOs), designed to earn investors returns based on the performance of the underlying bond collateral.
A Collateralized Bond Obligation (CBO) is an investment-grade bond backed by a pool of variously rated bonds, including junk bonds. CBOs represent different degrees of credit quality rather than different maturities.
