floating-rate note


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floating-rate note

n
(Banking & Finance) a eurobond, often issued as a negotiable bearer bond, that has a floating rate of interest
References in periodicals archive ?
Swiss bank UBS AG (NYSE: UBS) (ZHR: UBSN) (UBSN.VX) has priced a EUR750m, two-year, floating-rate note, Dow Jones has reported.
For example, a two-year floating-rate note with three-month interest rate resets may provide 0.05 percent to 0.10 percent more annual yield than a three-month commercial paper from the same issuer.
28 May 2012 - DZ Bank and Rabobank International were hired lead managers for Landwirtschaftliche Rentenbank's EUR250m (USD314.4m) re-opening on Friday of its floating-rate note due on 11 January 2019, Reuters said.
HSH is offering to buy back up to half of its EUR750m, callable, fixed and floating-rate notes, maturing in February 2017, and its EUR1bn, callable, step-up floating-rate note, also maturing in February 2017.
13 March 2012 - BNZ International Funding Ltd, part of Bank of New Zealand (BNZ), added on Tuesday CHF25m (USD27m/EUR20.7m) to its floating-rate note due on 27 March 2015, Reuters reported.
The issuance, which will mature on June 10, 2016, comprises JPY86bn of fixed- and JPY15bn of floating-rate notes. The fixed-rate bonds carry a coupon of 0.89 percent, while the floating-rate note has a spread of 0.44 percent plus three-month euro-yen London inter-bank offered rate.
BANKING AND CREDIT NEWS-February 23, 2012--Sydbank prepares floating-rate note sale(C)2012 M2 COMMUNICATIONS http://www.m2.com
French bank BNP Paribas SA (BNPP.PA) (LSE: BNP) (OTC: BNPQY) has priced its EUR500m, three-year, floating-rate note, Dow Jones has reported a syndicate official at the bank.
1 February 2012 -- German lender Rentenbank has issued EUR250m (USD326.2m) debt in a re-opening of its floating-rate note due 22 June 2018, Reuters said.
KfW, a German development bank guaranteed by Federal Republic of Germany, has hired banks to lead-manage a planned, three-year, euro-denominated, floating-rate note, Dow Jones has reported citing a KfW spokeswoman.
The floating-rate note was placed at a spread of 253 basis points over mid-swaps.
Italy's Banco Popolare Societa Cooperativa (BP.MI) is planning to sell a two-year, euro-denominated, floating-rate note, Dow Jones has reported citing one of the banks running the sale.