# muBOND muBOND is a credit-backed USD yield token supported by high quality Asia government and corporate borrowers. muBOND is designed for higher potential returns in exchange for providing insurance to AZND holders. muBOND is suitable for users seeking leveraged returns on the underlying Asset Pool while retaining full DeFi composability * **Risk:** First loss credit tranche * **Yield Allocation:** 10-20% of net yield from the Asset Pool; price adjusts periodically to reflect accrued yield * **Collateral:** Portfolio of Asia credit assets, including public bonds and private credit; same portfolio underlies AZND and muBOND * **Utility:** Freely transferrable onchain, usable in DeFi markets muBOND repricing happens on a regular basis, to reflect mark to market changes in the underlying portfolio as well as accrual of yield. These price updates are expected to be published weekly at inception with the frequency intended to increase over time --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mudigital.net/protocol-overview/mubond.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.