Search
Generic filters
Filter by Categories
Accounting
Banking

Finance




Leveraged Floored Floater


A floored floater in which the minimum coupon that is linked to the underlying floating rate (short-term rate, such as LIBOR) has a leverage factor. An example is a floater that pays:

Min [3.5%, 1.5*LIBOR]

That means the level of the coupon will be determined by the lowest of two factors: the floor and a leveraged economic variables (the leveraged floating rate).



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    Your email address will not be published.*