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What is Collateralized Loan Obligation (CLO)?

2023-11-08 14:15
1 min.
Daniel Rivera
Crypto Terms Glossary: What is Collateralized Loan Obligation (CLO)?

Collateralized loan obligations (CLOs) are complex debt instruments that consist of many loans bundled together and sold as a single investment. CLOs are organized according to their risk profiles. They are similar to collateralized debt obligations (CDOs) and collateralized mortgage obligations (CMOs).

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