What does LOBO stand for?
What does LOBO mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: LOBO.
Lender Option Borrower Option
Landelijke Oudervereniging Bijzonder Onderwijs
Left Out of Battle Order
Library Online Basic Orientation
Land Ocean Biogeochemical Observatory
LandOcean Biogeochemical Observatory
Localized Operations Battle Operative
Los Olivos Business Organization
What does LOBO mean?
- Lender option borrower option or lender's option borrower's option (LOBO) is a long term borrowing instrument available in the United Kingdom. They involve periodic interest re-fixings, which incorporates two linked options: lender's option: option for the lender to set revised (usually higher) interest rates at predetermined interest reset dates such as annually. borrower’s option: linked option for the borrower (exercisable only if the lender’s option is exercised) to pay the revised interest rate or to redeem the bond although that may involve exit fees.They are provided by banks and the loan contract runs for between 40 and 70 years. There is no regulatory body responsible for overseeing their use.
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"LOBO." Abbreviations.com. STANDS4 LLC, 2023. Web. 5 Dec. 2023. <https://www.abbreviations.com/LOBO>.