Floating rate bonds often have yields tied to the:
A) London Interbank Offered Rate (LIBOR).
B) Federal Reserve discount rate.
C) European Central Bank (ECB) borrowing rate.
D) Federal Funds overnight lending rate.

Question

Quizplus · Accepted Answer

Floating rate bonds often have yields tied to the London Interbank Offered Rate (LIBOR), which is a common benchmark interest rate used in financial markets.

Floating Rate Bonds Often Have Yields Tied to The