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A floater where the coupon rate is computed as a fraction of the reference rate plus a quoted margin, are known as a de-leveraged floater. The general formula for this kind of floaters is
Coupon rate = b x (Reference rate) + Quoted margin
Where, b is a value between 0 and 1.
Explain the terminologies of finance Raise and efficiently utilise funds which are your disposal (or at least try to).That a business organisation also needs to do the same can
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An Investor can receive income from this source when the bonds purchased at discount are held up to maturity or when he sells the bond before ma
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