A type of capped floored floating rate note in which the floored coupon varies over the life of the note/...
An FRN (floating rate note) in which the coupon (interest payment) is floored, i.e., cannot be less than a minimum...
An floating rate note in which the coupon (interest payment) is floored, i.e., cannot be less than a minimum level...
A structured product (floored floating rate note) in which a minimum level of coupon depends on a specific floor rate...