Floating rate notes are financial instruments with interest rates linked to _____________ that are traded on the _________________________.

Question

Quizplus · Accepted Answer

Floating rate notes have interest rates linked to an underlying index, often the London Interbank Offered Rate (LIBOR). They are typically traded on the Eurocredit market, as they are debt instruments issued by companies or governments in Europe.

Floating Rate Notes Are Financial Instruments with Interest Rates Linked