A floating-rate note (FRN) in which a higher coupon is paid should a particular reference rate is within a specific...

It stands for range knock-out floating rate note; a structured note (a floating-rate note) that provides the holder with higher...

A structured note (a floating-rate note) that provides the holder with higher interest payment (coupons) than an ordinary floating rate...

A floating-rate note (floater) in which the coupon is determined entirely or to a large extent by an embedded range...