Reference Entry

floating rate note (Bonds)

Peter Moles and Nicholas Terry

in The Handbook of International Financial Terms

Published in print January 1997 | ISBN: 9780198294818
Published online January 2005 | e-ISBN: 9780191727245
floating rate note (Bonds)

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A term security paying periodic interest at a floating rate, and where there is often a minimum rate of

Reference Entry.  222 words. 

Subjects: Financial Institutions and Services

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