FLOATING RATE NOTES (FRN)
Floating rate notes (FRN) are an instrument born after high volatilità in late 80’s. Interests in this kind of bonds are linked to a specific market rate (e.g.
Floating Rate Note (FRN)
variable rate bonds with an interest rate that is periodically reset, usually every three to six months, and that carry a fixed spread, usually over the six-month London Interbank Offered Rate (LIBOR).
A floating rate note is a medium-term debt instrument that pays a variable interest rate. The coupon is usually a premium to LIBOR or its local equivalent such as Euribor.
A floating rate note (FRN) is a floater issued by a corporation, sovereign or government sponsored enterprise. Typically, FRNs have maturities of about five years.
FRN (floating rate note)
A floating rate note, often called an FRN or "floater", is a debt instrument that pays a floating interest rate. The interest rate is usually based on an accepted market benchmark rate such as LIBOR.
FLOATING RATE NOTE (FRN) - a short-term debt obligation where the interest rate is variable because it ...
FLOATING RATE NOTES - a note whose interest payment is dependent upon a certain reference rate ...
floating rate note with limited interest rate a floating-rate note that has an agreed maximum rate of interest
capped floating rate note - Related Articles
Managing Interest Rate Risk
Best Practice ...
Floating Rate Notes (FRN's)
Floating Rate Notes (FRN's) are long-term (5 years or more) debt securities whose interest rates are adjusted periodically in line with a benchmark rate.
Floating Rate Note (FRN)
A debt security with a variable interest rate. FRNs are normally benchmarked to a reference rate such as LIBOR. Also known as a floater.
Floating Rate Note (FRN):
A short-term bond issued (typically on the Euromarkets) with a variable (floating) coupon or interest rate, which varies in line with a reference short-term market interest rate (usually, the LIBOR or prime rate).
Floating Rate Notes
See FRNs.
Floor
The trading area where securities are bought and sold on an exchange. It is far less of the bull pit it used to be since the advent of screen trading.
Floating Rate Notes (FRNs): Notes where the interest is reset periodically to a floating rate.
Floor: A level which an interest rate or currency is structured not to go below.
FRNs (floating rate notes)
A note whose interest payment varies with short-term interest rates.
Full cost ...
Inverse floating rate note
A variable rate security whose coupon rate increases as a benchmark interest rate declines.
prime rate ...
Floating Rate Notes are different than fixed rate notes because they pay out variable coupon interest payments at each period (monthly, quarterly, semi-annually or annually).
Floating Rate Note (FRN)
A bond with a floating rate of interest. FRNs are common in the offshore bond market where their interest rate is typically periodically set at a spread over LIBOR.
Floor ...
Floating rate note whose interest rate is reset at more frequent intervals than the rollover period (e.g. a note whose payments are set quarterly on the basis of the one-year interest rate).
Miss the price/market ...
See: Floating Rate Note
Front ending
Used in the context of general equities.
FRN - Is a Floating Rate Note.
Front-End Load - Refers to charges which are imposed upon the purchase or acquisition of an investment position. Many times these charges are on a sliding scale.
A ceiling is a common feature of floating rate notes. central assets account A single account at a brokerage or bank which includes both banking and brokerage...
See: Floating Rate Note F.S.C See: Foreign Sales Corporation Face value See: Par value Factor A financial institution that buys a firm's accounts receivables and collects the debt.
forward rate agreements
short-term-interest-rate futures contracts
interest rate swaps
inflation swaps
floating rate notes
syndicated loans
variable rate mortgages
currencies, especially the US dollar (see also Eurodollar).
These are funds which invest most of their assets in money market instruments (i.e. cash and near cash, such as bank deposits, certificates of deposit, very short term fixed interest securities or floating rate notes).
CAT standards
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FRN - floating rate note
FSA - financial services act (UK)
FSA - forward spread agreement
FTA - Financiele Termijnmarket Amsterdam (Netherlands, derivatives exchange in Amsterdam)
FTSE-100 - Financial Times Stock Exchange 100 stock index (UK) ...
Floating rate note a debt instrument that may pay interest at a variable (instead of fixed) rate. Floor The area of an exchange where trading occurs.
Drop lock An arrangement whereby the interest rate on a floating rate note or preferred stock becomes fixed if it falls to a specified level.
 See also: Floating Rate, Banks, Funding, Investment grade, Revenue bond
  
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