It stands for drop-lock note; a floating rate note that converts into a fixed coupon obligation when a reference interest…
An FRN that is embedded with increased participation mechanism. In other words, the holder can get more participation levels as...
A floating-rate note (floater) whose coupon payments fall within an embedded collar. This means the coupon is capped at a...
A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has…
A floating rate note that is embedded with caps or collars (caps and floors) so that the floating rate movement…
The action which an investor takes by entering into an interest rate swap in order to offset an exposure to…
A floating rate note that converts into a fixed coupon obligation when a reference interest rate (or index) is traded…
A FRN (floating-rate note) in which the coupon is activated (knocked-in) or deactivated (knocked-out) if the reference interest rate exceeds…
A floored floater in which the minimum coupon that is linked to the underlying floating rate (short-term rate, such as...
A floating-rate note (floater) in which the reference rate is magnified by a factor λ (where λ > 1). Therefore,...
