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Deferred Cap FRN

A capped floating rate note (capped FRN) that is associated with a deferred cap. In other words, it comes with...

Perpetual Floater

A floater that that has no redemption date (maturity date), i.e., whose principal never matures. The note only has perpetual...

Perpetual Floater

A floater (floating-rate note) whose principal never matures, i.e., it doesn't have a redemption payment and only makes perpetual coupon...

Deferred Cap Floater

A capped floating rate note (capped floater) that is associated with a deferred cap. In other words, it comes with...

One-Way Floater

A structured note (FRN) that pays a floating interest rate referenced to a popular market rate such as LIBOR. Each...

Hybrid Fixed-Rate Reverse Floating-Rate Note

A floater (FRN) that pays a high fixed rate coupon for an introductory period (first one or two years), then...

Thunderball

A hybrid derivative structure in which the coupon is determined as the difference between the previous coupon and a predefined...

Bull FRN

A floating-rate note (FRN) in which the coupon moves inversely to the movement of the reference rate. That is, if...

Hybrid Fixed-Rate Reverse FRN

A floater (FRN) that pays a high fixed rate coupon for an introductory period (first one or two years), then...

Dual Indexed Floater

A floater whose coupon rate is typically the difference between two reference rates plus (or minus) a fixed percentage (quoted...