Floating+Rate+Note
61Inverse Floater — A bond or other type of debt whose coupon rate has an inverse relationship to a benchmark rate. An inverse floater adjusts its coupon payment as the interest rate changes. When the interest rate goes up the coupon payment rate will go down… …
62floater — An informal name for a security with a variable coupon rate. Particularly used to refer to floating rate CMO tranches. American Banker Glossary A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that …
63Debenture — For debentures in sport, see debenture (sport). Finance Financial markets …
64Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
65Bond duration — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
66Commercial paper — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
67Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
68Reset Margin — The difference between the interest rate of a security and the index on which the security s interest rate is based. The reset margin will be positive, as it is always added to the underlying index. This feature is most common with a floating… …
69Day count convention — In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium term notes, swaps, and forward rate agreements (FRAs). This determines the amount… …
70Municipal bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
