Home > Term: फ्लोटिंग रेट नोट
फ्लोटिंग रेट नोट
Abbreviation: FRN. Also: floating rate bond. Bond with a variable interest rate based on a reference interest rate, plus or minus a further component as risk premium.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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- mitraashutosh
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(India)