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Indexed rate |
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Indexed rate An interest rate linked to an index, usually the CPI. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The bonds initially bear interest in the daily rate mode, but may be converted to a weekly, monthly, quarterly, semiannual, auction, fixed or indexed rate mode. The bonds initially bear interest in the daily rate mode, but may be converted to a weekly, monthly, quarterly, semiannual, auction, fixed, or indexed rate mode. In particular, while yields on our adjustable rate assets will ultimately move in response to movements in short term rates, they will do so with a lag owing to reset frequencies that are often greater than monthly and owing to interim and lifetime securities maximum coupon reset rates that may preclude a security from achieving its fully indexed rate. |
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