FRN

Definition : Floating Rate Note
Category : Business » Business Terms
Country/Region : Worldwide Worldwide
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What does FRN mean?

Floating Rate Note (FRN) is a debt security bond, of any currency, that entitle the holder to regular interest coupons. FRN coupons are reset periodically to match the London/Euribor interbank offered rate.

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We have found 2 more results for FRN
United States FRN Federal Reserve Note
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India FRN Firm Registration Number
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