Floating rate note: Difference between revisions

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imported>Doug Williamson
m (Sjpacing 27/8/13)
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(FRN). A bond, normally with a fixed maturity, where the interest coupon is adjusted at regular intervals reflecting the prevailing market rate (usually at a margin over LIBOR).
(FRN).  
 
A bond, normally with a fixed maturity, where the interest coupon is adjusted at regular intervals reflecting the prevailing market rate (usually at a margin over LIBOR).
 


== See also ==
== See also ==
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* [[LIBOR]]
* [[LIBOR]]
* [[Nominal bond]]
* [[Nominal bond]]

Revision as of 13:53, 27 August 2013

(FRN).

A bond, normally with a fixed maturity, where the interest coupon is adjusted at regular intervals reflecting the prevailing market rate (usually at a margin over LIBOR).


See also