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FRN

It stands for floating-rate note; a medium to long-term debt obligation (note) that has its coupon rate linked to some…

FROG

A floating-rate note (FRN or floater) in which coupons are reset quarterly or semi-annually to the coupon on the newly…

Convertible-Rate Floating-Rate Note

A floating-rate note (FRN) that grants issuers and investors the right to convert from a floating rate of interest to…