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Fake Perpetual FRN

A perpetual FRN which contains a call option given to the issuer. However, if the issuer doesn’t exercise this option…

Perpetual FRN

A floating rate note (FRN) that that has no redemption date (maturity date), i.e., whose principal never matures. The note...

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...