- collared FRN
- En floating rate note med et minimum og et maksimum for den variable rentesats. Kaldes i visse sammenhænge en corridor eller tunnel. Se cap og floor.
Anglo-danske finansiel ordbog. 2013.
collared FRN
Look at other dictionaries:
Floating rate note — Floating rate notes (FRNs) are bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate, plus a spread. The spread is a rate that remains constant. Almost all FRNs have quarterly coupons, i.e.… … Wikipedia
