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Floored Floater – Fincyclopedia
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Floored Floater

A floater that provides capital guarantee to the holder (it is a capital guaranteed product). It pays a yearly, semi-annually…

Leveraged Floored Floater

A floored floater in which the minimum coupon that is linked to the underlying floating rate (short-term rate, such as...

Stepped Floored Floater

A type of capped floored floater in which the floored coupon varies over the life of the note/ bond. An...

Capped Floored Floater

A floored floater which is also capped: the coupon of the floater cannot increase beyond the cap rate. In other...

Leveraged Floored Floater

A structured product (floored floater) in which a minimum level of coupon depends on a specific floor rate or is...

Floored Floater

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...