Attractive as a defensive investment:
Floating Rate Notes are securities with variable rates. Their nominal yield is adjusted ...
The discounted margin:
The discounted margin is the spread to the reference rate,eg Euribor. It is based ...
The quoted margin:
Unlike the discounted margin, the quoted margin remains unchanged during the life of ...
And the Interest?
The interest risk is limited by regular adjustments to money market rates. The credit and ...
Summary:
As a mixture of a commercial paper and a fixed interest credit bond product, Floaters ...