Drop-lock bond and EPC: Difference between pages

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''Bond pricing.''
European Payments Council.
A bond or similar instrument which initially bears interest at a variable rate as if it were a floating rate obligation, but which will change to bear interest at a predetermined fixed rate in the event that a defined market rate falls to a stated level.  


== See also ==
== See also ==
* [[Bond]]
* [[European Payments Council ]]
* [[Fixed rate]]
* [[Floating rate]]
* [[Market rate]]
   
   



Revision as of 14:19, 23 October 2012

European Payments Council.

See also