An interest rate swap in which the floating-rate coupon increases in value as the underlying floating rate falls. In essence,...

A floater (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and a...

The flat yield spread that is required to reprice a floating rate security (floater, floating-rate bond, etc.) to par. It...

Also floating rate note (FRN). It is a note bearing a variable interest rate which is usually readjusted every six...

An option on an option which is made up of a strip of European digital or binary options. In this...

A floating-rate note (floater) in which the coupon is determined entirely or to a large extent by an embedded range...

A floating-rate note (floater) whose coupon payments fall within an embedded collar. This means the coupon is capped at a...

An floater that is embedded with increased participation mechanism (such as that of a participating cap/ participating floor). In other...

A floater that pays a coupon whose amount depends on the times a floating rate (such as LIBOR) remains within...

A floating-rate note (floater) which entails the payment of a coupon only up to a preset maximum level of the...