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Leveraged Floored FRN

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

Floored FRN

An FRN (floating rate note) in which the coupon (interest payment) is floored, i.e., cannot be less than a minimum...

Ratchet FRN

A structured note (FRN) that pays a floating interest rate referenced to a popular market rate such as LIBOR. Each...

One-Way FRN

A floating-rate note (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and...

One-Way FRN

A structured note (floating rate note/ FRN) that pays a floating interest rate referenced to a popular market rate such...

Floating Rate Note

Also a floater. It is a note bearing a variable interest rate which is usually readjusted every six months. This...

FRN

It stands for floating rate note. It is a note bearing a variable interest rate which is usually readjusted every...

Perpetual FRN

A floater (floating-rate note/ FRN) whose principal never matures, i.e., it doesn't have a redemption payment and only makes perpetual...

Deferred Cap Floating Rate Note

A capped floating rate note that is associated with a deferred cap. In other words, it comes with a maximum...

Deferred Cap FRN

A capped floating rate note (capped FRN) that is associated with a deferred cap. In other words, it comes with...