Q:
      
      
         
            
CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO?
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: C) Collateralized         
         
Explanation: CBLO stands for Collateralized Borrowing and Lending Obligation. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the
terms and conditions of a loan. So, C stands for Collateralized.
       
      
      
      
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