Term
Floating Rate Note (FRN)
FloatingRateNoteA debt instrument whose coupon resets periodically based on a reference rate (e.g., SOFR + 150 bps).
Steward: Sarah Chen
Module: SEC
Concepts
CausewayCausewayFloatingRateNoteA debt instrument whose coupon resets periodically based on a reference rate (e.g., SOFR + 150 bps).