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Hi-Lo FRN

Also, high-low FRN; a floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium...

Hi-Lo Floating Rate Note

Also high-low floating rate note; a floating rate note which is designed as a yield enhancement instrument. It has a...

High-Low FRN

A floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium rate that is...

High-Low Floating Rate Note

A floating rate note which is designed as a yield enhancement instrument. It has a premium rate that is equal...

KO Floater

It stands for knock-out floater; a barrier floater in which the coupon is deactivated (knocked-out) if the reference interest rate...

Knock-Out Floater

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

KO Floating Rate Note

It stands for knock-out floating rate note; a barrier floating rate note in which the coupon is deactivated (knocked-out) if...

Knock-Out Floating Rate Note

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

Reverse Floater

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

Back Stub Period

The last interim (reset) period (stub period) in the life of a floating rate instrument such as interest rate swap...