Inverse floater
An asset, such as a mortgaged backed bond, paying an adjustable interest rate that rises or falls in the opposite direction of the movement of general market interest rates.
INVERSE FLOATER - A variable rate security whose coupon rate changes in the opposite direction from the change in the reference rate used to calculate the coupon rate.
Inverse floater Derivative whose coupon rate moves in an inverse manner to the market interest rate.
Inverse floater
A CMO tranche that pays an adjustable rate of interest that moves in the opposite direction from movements in a representative interest rate index such as the London Interbank Offered Rate (LIBOR), ...
Inverse floater
A derivative instrument whose coupon rate is linked to the market rate of interest in an inverse relationship.
Inverse Floater: An inverse floater is a type of security with a coupon that periodically resets at a higher rate when market interest rates fall and resets at a lower rate when market interest rates rise.
(``Inverse Floater")-A REMIC class that pays an interest rate that adjusts periodically in the opposite direction of a specific index. Inverse floater adjustments may also be based on a multiple of the index.
Inverse Floater A Floating Rate Note with a coupon that decreases as the underlying index rate increases (e.g., a simple Inverse Floater's coupon rate might be 11.5% minus LIBOR).
Reverse floater
A sometimes volatile mortgage-backed bond whose yield fluctuates in the opposite direction of interest rates in general. Also called an inverse floater.
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Inverse Floaters- The coupon varies inversely to an index. As the floating rate class of securities within the issue is larger than the inverse floating rate tranche, ...
inverse floater A fixed income instrument which has a coupon rate or interest rate that varies... inverse relationship A relationship between two numbers in which an increase in the value of one...
 See also: Floater, Interest, Float, Coupon, Interest Rate
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