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floating-rate note
(redirected from Floating-Rate Bonds)

   Also found in: Financial 0.01 sec.
floating-rate note
n
(Economics, Accounting & Finance / Banking & Finance) a eurobond, often issued as a negotiable bearer bond, that has a floating rate of interest


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6bn worth of bonds were sold as fixed-rate bonds and JPY32bn was sold as floating-rate bonds.
The CFE, Mexico's sole electricity transmission and distribution concern and principal power generator, said demand for the floating-rate bonds was MXN18 billion, and for the fixed-rate bonds more than MXN8 billion.
For individual investors, the ministry has so far issued only five-year fixed-rate government bonds and 10-year floating-rate bonds.
 
 
 
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