Floating-rate bond

Bond whose Interest is pegged to a benchmark, such as the Treasury Bill rate, and adjusted periodically.

Related Terms: 5 Bill, Call, Interest, Treasury Bill, Treasury

Other Related Pages: Category: Bonds Starting With: F

Additional Related Terms: 10-K, Adjusted balance method, Adjusted basis, Average collection period, Adjustable rate, Accrual bond, Accrued interest, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation