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Drop-Lock FRN

A floating-rate note (FRN) which has a rate trigger allowing the interest to convert to a specified fixed rate for...

Mini-Max FRN

A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has...

Inverse FRN

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

Coupon-Indexed Note

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

Barrier Accrual FRN

A floating rate note (FRN) which in which interest (coupon) accrues only on days when the reference rate (floating rate)...

Callable Inverse FRN

A floating rate note (FRN) in which the coupon is based on an inverse of a floating rate (capped and...

Dual Index FRN

An abbreviated form for dual-index floating-rate note; a bond/ note with a coupon that depends on two different floating-rate indexes....

Range FRN

A floating-rate note (FRN) in which a higher coupon is paid should a particular reference rate is within a specific...

Range FRN

A floating-rate note (floater) in which the coupon is determined entirely or to a large extent by an embedded range...

Capped Floored FRN

A floored FRN which is also capped: the coupon of the floating-rate note (FRN)cannot increase beyond the cap rate. In...