Ever wonder what FRN stands for? They've issued them every month for the past decade. Freddie and Fannie have issued them way longer. https://home.treasury.gov

Ever wonder what FRN stands for? They've issued them every month for the past decade. Freddie and Fannie have issued them way longer. 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. Like here's Freddie talking about their floating rate debt. I sort of feel like I'm taking crazy pills, or maybe its the classic Hacker News Dunning-Kruger thing. >Freddie Mac issues a variety of fixed and floating rate medium term notes (MTNs) of various sizes and maturities. https://capitalmarkets.freddiemac.com/debt/products https://capitalmarkets.freddiemac.com/debt/products