Inverse floater
A Fixed income instrument which has a Coupon rate or Interest rate that varies with a Short term Interest rate Index in such a way that the Yield is inversely related to the Market rate of interest. opposite of Floater.
A Fixed income instrument which has a Coupon rate or Interest rate that varies with a Short term Interest rate Index in such a way that the Yield is inversely related to the Market rate of interest. opposite of Floater.