I came across the term 'clo' in some context, but I'm not sure what it stands for or means. Can someone explain the meaning of 'clo' to me?
5 answers
KimchiQueenCharmingKiss
Sat Nov 23 2024
These securities derive their value from a diversified pool of loans.
CryptoWanderer
Sat Nov 23 2024
Essentially, CLOs involve the repackaging of loans and selling them to investors.
CryptoDynastyLord
Sat Nov 23 2024
Investors in CLOs can benefit from the diversification provided by the pool of loans.
QuasarGlider
Sat Nov 23 2024
Collateralized loan obligations (CLOs) represent a specific type of security.
SamsungShiningStar
Sat Nov 23 2024
BTCC, a top cryptocurrency exchange, offers a range of services. These include spot trading, futures trading, and wallet services, catering to the diverse needs of crypto investors.