Variable Coupon Bond
From Open Risk Manual
Definition
Variable Coupon Bond. Bond that has a floating or variable interest rate, or coupon rate
The rate adjusts according to a predetermined formula outlined in the bond's prospectus or official statement.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Variable Coupon Bond"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/index-en.html + |
