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FRN

   Also found in: Acronyms 0.06 sec.
FRN
See: Floating-rate note
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Fitch also affirms its 'AAA/F1+' on the A&M System PUF FRN program, which has a maximum capacity of $125 million.
Fitch Affirms Texas Permanent University Fund Debt at 'AAA' & ... by Business Wire
A capped FRN is a floating rate note combined with an interest rate cap, while a collared FRN is one that combines both an interest rate cap and floor.
Explore the Use of Reverse Floaters to Create a Profit for Investors ... by Business Wire
A capped FRN is a floating rate note combined with an interest rate cap, while a collared FRN is one that combines both an interest rate cap and floor.
Structured Derivative Notes & Swaps Explored in New e-Learning Course by Business Wire
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