A floating-rate note (floater) in which the periodic coupon depends on the performance of some embedded option with an underlying...

A floating-rate note (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread and under which a floor...

A floater in which the coupon (interest payment) is floored, i.e., cannot be less than a minimum level (the floor). Floored floaters are capital guaranteed...

An inverse floater whose coupon moves inversely with respect to interest rates by more than one for one. The floater is equipped with a coupon leverage- i.e.,...

Commonly, it is the additional amount (spread) that the issuer of a debt instrument (such a bond or a floater)...

A tranche that is created from the collateral tranche (in a CMO structure), and whose coupon rate is inversely related...

A preferred stock whose dividend is readjusted at specified periods based, for example, on the maximum of a set of...