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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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Barrier FRN 

A FRN (floating-rate note) in which the coupon is activated (knocked-in) or deactivated (knocked-out) if the reference interest rate exceeds…

    Knock-Out FRN

    A barrier FRN in which the coupon is deactivated (knocked-out) if the reference interest rate exceeds or falls below a...