4 ms·
https://www.investor.gov/introduction-investing/investing-basics/glossary/floating-rate-bond-or-variable-or-adjustable-rate https://www.investor.gov/introductio
by RC_ITR 3y ago
https://www.investor.gov/introduction-investing/investing-basics/glossary/floating-rate-bond-or-variable-or-adjustable-rate https://www.investor.gov/introduction-investing/investing-ba...
Here's Freddie Mac talking about how the LIBOR scandal forced them to change their benchmark for bonds.
https://freddiemac.gcs-web.com/news-releases/news-release-details/freddie-mac-cease-issuing-libor-indexed-floating-rate-unsecured https://freddiemac.gcs-web.com/news-releases/news-release-de...
Ever wonder what FRN stands for? They've issued them every month for the past decade.
https://home.treasury.gov/system/files/221/Tentative-Auction-Schedule.pdf https://home.treasury.gov/system/files/221/Tentative-Auction...
Just because you haven't heard of things doesn't mean they are not real.