Search
Generic filters
Filter by Categories
Accounting
Banking

Finance




Barrier Accrual Floater


A floater which in which interest (coupon) accrues only on days when the reference rate (floating rate) such as LIBOR trades through a predetermined barrier level. The barrier may be from above (upper barrier) or from below (lower barrier). In cases where there are two barriers (dual barrier), the note becomes a range accrual note.

By nature, accrual floater are subject to daily observations (in which case daily LIBOR is used).



ABC
Finance, as a field of knowledge, is substantially wide-ranging and virtually encompasses everything in the realm of corporate finance, financial management, ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*