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Leveraged Floored Floating Rate Note

A structured product (floored floating rate note) in which a minimum level of coupon depends on a specific floor rate...

Leveraged Reverse Floater

A floating-rate note (floater) in which the reference rate is magnified by a factor λ (where λ > 1). Therefore,...

Leveraged Reverse Floating-Rate Note

A reverse floating-rate note (reverse floater) in which the multiplier of the fixed rate is set, at the time the...

Leveraged Floating Rate Note

A floating-rate note (floater/ FRN) in which the reference rate is magnified by a factor λ (where λ > 1)....

One-Way Floating-Rate Note

A floating-rate note (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and...

Floating Rate Note

Also a floater. It is a note bearing a variable interest rate which is usually readjusted every six months. This...

FRN

It stands for floating rate note. It is a note bearing a variable interest rate which is usually readjusted every...

Dual-Index Floater

A bond (floater) with a coupon that depends on two different floating-rate indexes. Typically, this bond pays an above-market fixed-rate...

Par Floater

A floating rate note (floater) in which the required return equals the quoted margin. When the required return is the...

Puttable Floater

A floater that can be given back to the issuer by the holder at put price before maturity date. In...