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Super floater

• Is a floating rate instrument which has its coupon set as a multiple of a benchmark. It exhibits greater movement than an ordinary floater.

 
 Embedded terms in definition
 Benchmark
Coupon
Floater
Floating rate
 
 Related Terms
 Floater
Inverse floater
Reverse floater
Super pac
Super po

<< Sunk costs Super pac >>

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Well done is better than well said. - Benjamin Franklin (1706-1790)

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