A floating-rate note (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and...
A structured note (floating rate note/ FRN) that pays a floating interest rate referenced to a popular market rate such...
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.