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 doesC stand for in CBLO?

Question: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 doesC stand for in CBLO?

1.Clearing

2. Culminative

3. Collateralized

4. Credit


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