CBO

1. Collateralized Bond Obligation. An asset-backed security backed by the receivables on junk bonds. Issuers of CBOs package and sell their receivables on bonds they hold to investors in order to reduce the risk coming from defaults. Returns on CBOs are lower risk than the individual bonds backing them. This is because it is unlikely that all or even most of the junk bonds will default. This makes the collateralized bond obligations investment grade and therefore banks are allowed to invest in them. See also: Collateralized Loan Obligation, Collateralized Mortgage Obligation.

2. Congressional Budget Office. An agency of the United States Congress that provides the Congress with economic data. Among other duties, it calculates the national debt and the impact that individual bills and the budget generally have on the federal deficit. It was created in 1974; its director is appointed jointly by the Speaker of the House and the President pro tempore of the Senate.

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Collateralized Bond Obligation

References in periodicals archive

Considering the prospects of petroleum and non-petroleum activities, the CBO said the macroeconomic outlook for 2019 appears reasonable but fraught with challenges.

NON-OIL SECTORS OFFER PROMISING PROSPECTS FOR ECONOMY: CBO

CBO combusts residual carbon in fly ash, producing a very consistent, low carbon, high-quality pozzolan.

PMI TECHNOLOGY BENEFITS BORAL

The CBO is well ahead in the implementation of Basel III framework.

Adopting best practices

CBO also cited wage increases, rising wealth and the recent decline in oil prices.

Deficit to shrink to lowest level of Obama presidency

The CBO urged the public not to deal with strangers and unauthorized entities or persons, saying that people should confine all their financial dealings to licensed/regulated institutions.

Central Bank of Oman warns public on fraud

The CBO now estimates that 8 million individuals, not the 9 million initially projected, will enroll in Medicaid and CHIP in 2014.

ACA website woes blocked 1 million from insurance: Congressional Budget Office report blames technical problems at healthcare.gov for shortfall

The link that the CBO drew between the health law and slower employment growth is likely to become fodder for partisan attacks in this year's congressional election battle, which will determine who controls Congress in the final years of the Obama presidency.

Obamacare to cut work hours by equivalent of 2 million jobs: CBO

Specifically, CBO said last year's House farm bill was projected to save $26.6 billion over the 2014-23 period compared to current law.

CBO's new baseline finds less money available for next farm bill