This is a bond where the coupons have variable rates, meaning that they are often reset every three or six months using the prevailing Libor rate while interest is paid in arrears.
Latest posts by James Rabinovich (see all)
- The Pros and Cons of Investing in Emerging Markets - October 31, 2023
- The Impact of AI on the Stock Market: A Deep Dive - September 20, 2023
- Investing in the Future: A Guide to EdTech Stocks - August 17, 2023
Leave a Reply
You must be logged in to post a comment.