|
Inverse floating rate note |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Inverse floating rate noteA variable-rate security whose coupon rate increases as a benchmark interest rate declines.Inverse floating rate note Similar MatchesFloating exchange rate systemFloating exchange rate systemPurchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign-exchange market intervention. Floating exchange rateFloating exchange rateA regime in which a country's exchange rate is allowed to fluctuate freely and be determined without intervention in the exchange market by the government or central bank. Floating supplyFloating supplyThe aggregate of securities believed to be available for immediate purchase, that is, in the hands of dealers and investors wanting to sell. Receive floating counterpartyReceive floating counterpartyThe transaction in an interest rate swap who receives payments based on the floating rate and makes payments based on the fixed rate. Freely floating exchange rate systemFreely floating exchange rate systemMonetary system in which exchange rates are allowed to move due to market forces without intervention by country governments. Further SuggestionsFloating rate preferredFloating debt Fixed for floating swap Floating rate note (FRN) |
|
|
|