A _______ is a euromarket,medium- to long-term bearer security with a rate of interest referenced to LIBOR.

Question

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A euro floating rate note is a type of eurobond that has a floating or variable interest rate referenced to LIBOR, the London Interbank Offered Rate. It is a medium- to long-term security issued in the eurocurrency market. Eurocurrency term loans are loans extended in the eurocurrency market, but they are not securities. Eurocommercial paper is short-term debt with a fixed interest rate issued in the eurocurrency market. Eurobond is a general term that encompasses all bonds issued in a currency other than the currency of the country where it is issued.

A _______ Is a Euromarket,medium- to Long-Term Bearer Security with a Rate