It stands for knock-out floating rate note; a barrier floating rate note in which the coupon is deactivated (knocked-out) if...

A barrier floating rate note in which the coupon is deactivated (knocked-out) if the reference interest rate exceeds or falls...

A floater (floating-rate note) in which the coupon moves inversely to the movement of the reference rate. That is, if...

A debt instrument (such as a bond, note, etc) in which the coupon rate depends on some multiple of the...

A hybrid derivative instrument that allows investors harboring a strong feeling that rates will fall below a specific level to...

It stands for step-up recovery floating-rate note; a floating-rate note (floater or FRN) that typically pays 50% of a Constant-...

A floating-rate note/ floater (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread...

A floating-rate note/ floater (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread...

A floater that pays periodical payment (coupons) calculated on the basis of the number of days during the preceding interest...

A collared FRN in which the caplet/ floorlet strikes increase at particular intervals/ increments (and hence the ratchet feature). The...