Floating-rate Bond (or Variable or Adjustable rate Bond)
Term · Finance and investing · MLC-T-FIN-000158
A bond whose interest rate is adjusted periodically according to a predetermined formula; it is usually linked to an interest rate index such as LIBOR.
| Identifier | MLC-T-FIN-000158 |
|---|---|
| Field | Finance and investing |
| References | SEC Investor.gov Glossary |
Record as JSON
{
"id": "MLC-T-FIN-000158",
"term": "Floating-rate Bond (or Variable or Adjustable rate Bond)",
"field": "Finance and investing",
"definition": "A bond whose interest rate is adjusted periodically according to a predetermined formula; it is usually linked to an interest rate index such as LIBOR.",
"references": [
"SEC Investor.gov Glossary"
],
"url": "https://mlchart.com/terminology/finance/floating-rate-bond-or-variable-or-adjustable-rate-bond/"
}
Record 158 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.