Interest rate floor

From ACT Wiki
Revision as of 13:52, 9 October 2013 by imported>Doug Williamson (Category added 9/10/13)
Jump to navigationJump to search

An agreement whereby the seller of the floor agrees to compensate the buyer if interest rates fall below an agreed rate on a series of pre-agreed dates.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Interest_rate_floor&oldid=27762’