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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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Flip-Flop FRN

A floating-rate note (FRN) that gives the bondholder the right to convert a note with a long maturity date or...

    Flip-Flop FRN

    An FRN that has a very long or endless (perpetual) maturity, with the right to convert back and forth between...