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floating-rate note
(redirected from Variable Rate Bond)

   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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Many consider the use of two variable rate bond products: Auction Rate Securities (ARS) and Variable Rate Demand Bonds (VRDBs).
UC has written liquidity procedures to prepare for remarketing both its variable rate bond and CP.
9 million in variable rate bonds under the 2003 indenture with this issuance.
 
 
 
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