A floating-rate note (FRN) in which the coupon moves inversely to the movement of the reference rate. That is, if...
A floater (FRN) that pays a high fixed rate coupon for an introductory period (first one or two years), then...
A floating-rate note (FRN) in which the coupon moves inversely to the movement of the reference rate. That is, if...
A floater (FRN) that pays a high fixed rate coupon for an introductory period (first one or two years), then...
A floating-rate note (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard FRNs,...
A floater (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and a...
Also floating rate note (FRN). It is a note bearing a variable interest rate which is usually readjusted every six...
A note (floating rate note) which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up...
Also, high-low FRN; a floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium...
A floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium rate that is...