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Floater

A Fixed income instrument which has a Coupon rate or Interest rate that varies based on a Short term rate Index. A Floater is generally advantageous when Interest rates are rising. opposite of Inverse floater.

Related Terms: 17 Base, Coupon, Coupon rate, Float, Fixed income, Floater, Inverse floater, ISIN, Index, Interest, Inc., Instrument, Interest rate, PPO, Rally, Short, Term
Other Related Pages: Category: Bonds Starting With: F
Semi Related Terms: 548 CLICK HERE TO VIEW
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