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floating debt

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Floating debt
Short-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution.

floating debt
Short-term debt that is subject to continual refunding by the issuer.

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30 billion by floating debt in European markets denominated in euros.
You could also read the tea leaves as indicative that companies are more cautious about floating debt and are deferring acquisitions and capital expenditures because they're not confident about a recovery," said Nehama Jacobs, treasurer of the Los Angeles chapter of the Association for Corporate Growth.
MCH uses derivatives to manage fixed versus floating debt mix, manage the relationship between assets and liabilities, and hedge certain risks.
 
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