bn:00035269n
Noun Concept
Categories: Bonds (finance), Interest-bearing instruments
EN
floater  floating rate note  floating-rate bond  simple margin
EN
A debt instrument with a variable interest rate tied to some other interest rate (e.g. the rate paid by T-bills) WordNet 3.0
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EN
Floating rate notes are bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate, plus a quoted spread. Wikipedia
Bonds that have a variable coupon Wikipedia Disambiguation
A floating rate bond. Wiktionary
WordNet 3.0 & Open English WordNet
EN
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