A floater (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard floaters, capped...
A note (floating rate note) which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up...
A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific...
A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific level...
A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific level...
Also, high-low floater; a floater which is designed as a yield enhancement instrument. It has a premium rate that is...
A floater which is designed as a yield enhancement instrument. It has a premium rate that is equal to a...
A tranche (specifically, a CMO tranche) that is designed to protect investors from prepayment risk. To that end, it absorbs...
It stands for knock-out floater; a barrier floater in which the coupon is deactivated (knocked-out) if the reference interest rate...
A barrier floater in which the coupon is deactivated (knocked-out) if the reference interest rate exceeds or falls below a...