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degisken faizli tahvil
İngilizce: floating rate note
Türkçe Tanım
Faiz oraninin bir referans gostergedeki degisiklikleri yansitmak icin genellikle uc veya alti aylik aralikla donemsel olarak ayarlandig degisken faizli borclanma senedidir. Devletler, finans kuruluslari ve sirketler tarafindan faiz orani riskine karsi koruma arayan yatirimcilari cekmek icin ihrac edilir. Kupon, ihrac sirasinda belirlenen referans oran arti sabit bir marj olarak hesaplanir.
English Definition
A debt security with a variable interest rate that is periodically adjusted to reflect changes in a reference benchmark, typically with quarterly or semi-annual resets. FRNs are issued by governments, financial institutions, and corporations to attract investors seeking protection against interest rate risk. The coupon is calculated as the benchmark rate plus a fixed spread determined at issuance.