floating rate note

An inverse floating rate note can be created two ways.

World Bank, 2 billion marks of global floating rate notes due 1999.

However, for a period from 1982-6, and again more recently, the floating rate note has become a popular form of fund raising.

Underwriters added that a $250 million issue of 10-year floating rate notes has been prepared, but will probably not be offered this week.

Fidelity Federal Savings and Loan, $100 million of floating rate notes due 1992.

Public Services Electric & Gas, $300 million of floating rate notes due 2002.

Floating rate notes.

"In this sort of environment, people are funding themselves defensively, either in the commercial paper market, or through the issuance of floating rate notes."

The basic structure is the same as an ordinary floating rate note except for the direction in which the coupon rate is adjusted.

In this section we discuss floating rate notes (FRNs).

GMAC, $1 billion of five-year global floating rate notes.

The interest on the floating rate notes is adjusted after each weekly Treasury bill auction of three- and six-month Treasury bills.

Although the spread remains constant, the majority of floating rate notes contains quarterly coupons that pay-out interest every 3 months with variable percentage returns.

Italy, $4 billion of global floating rate notes, denominated in United States dollars, German marks and Japanese yen.

New corporate issues priced yesterday included an offering of $250 million of three-month floating rate notes from the Chrysler Financial Corporation.

The ASX interest rate market is the set of corporate bonds, floating rate notes, and bond-like preference shares listed on the exchange.

Government agency borrowings include $650 million in short-term floating rate notes due on Aug. 8, issued by the Student Loan Marketing Association.

Washington Mutual Bank, $500 million global 3-year senior floating rate notes, A2/A-/A. Merrill Lynch.

International Financing Review, the most widely read trade sheet in the bond markets, wrote that Long-Term Capital was sitting on $10 billion of floating rate notes.

In finance, a fixed rate bond is a type of debt instrument bond with a fixed coupon (interest) rate, as opposed to a floating rate note.

As well as equities, BDC bond and Investec Floating Rate Notes are traded.

Nationsbank Capital Trust III, a unit of Nationsbank Corp., $500 million of global floating rate notes due 2027.

As controller of the various Orange County funds, Citron had taken a highly leveraged position using repurchase agreements (repos) and floating rate notes (FRNs).

The Student Loan Marketing Association, known as Sallie Mae, which generally issues short-term floating rate notes each month, priced $650 million of the securities yesterday through various securities dealers.

Floating rate notes (FRNs, floaters) have a variable coupon that is linked to a reference rate of interest, such as LIBOR or Euribor.