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Par Floater Asset Swap

An asset swap on a par floater (a floater selling at par, i.e., one in which the required return equals...

Par Floater Spread

The quoted margin for a par floater. In other words, it is the spread over a floating rate (e.g., LIBOR)...

Par Floater

A floating rate note (floater) in which the required return equals the quoted margin. When the required return is the...