CBO


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CBO

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.
References in periodicals archive ?
The CBO board also deliberated other issues related to the financial and administrative matters of the CBO and has taken necessary decisions.
The number of uninsured people could increase to 49 million in 2026, from 26 million today, and from 27 million if the current rules stay in effect and work as the CBO expects.
CBO raised its cost estimate for the Senate's commodity title by $3.
Deeply imbedded into the social structure of their culture, the CBO supervisor wanted Pat to make sure the youth enjoyed playing so they would be able to engage with their community as much as possible.
Other common strategies cited by more than half of all respondents included: advocacy efforts to raise public awareness of issues and needs (57%); forums for increased communication between city government and CBOs (56%); and CBO consortiums working with city government (55%).
One CBO revenue-raising option would be to eliminate the income tax thresholds on these benefits entirely and require all beneficiaries to include 85% of their benefits in their adjusted gross incomes.
With over 7,500 applicants having vied for this coveted, unprecedented executive title, many eyes are on the CBO.
He added that the CBO has earlier rectified some of the provisions of the Banking Law issued by the Royal Decree No 114/2000; vide the Royal Decree No 69/2012 on December 6th, 2012 which allows for Islamic banking business in the Sultanate.
CBO said the larger use of ethanol drove up feed prices for cattle, hogs and poultry and, in turn, resulted in higher retail prices for food.
This represents a sharp turn-around from last year's CBO forecast of a $1 trillion surplus for the 2003-2012 fiscal period, and is far below the 10-year, $5.
Critics of the CBO charge it focused only on taxes, while ignoring government transfer payments.
NEW YORK -- Fitch has upgraded two classes of notes issued by J/Z CBO (Delaware), LLC (J/Z CBO).