Interest rate floor

From ACT Wiki

Revision as of 13:52, 9 October 2013 by imported>Doug Williamson (Category added 9/10/13)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to navigation Jump to search

An agreement whereby the seller of the floor agrees to compensate the buyer if interest rates fall below an agreed rate on a series of pre-agreed dates.

See also

Retrieved from ‘https://wiki-dev.treasurers.org/w/index.php?title=Interest_rate_floor&oldid=27762’

Manage risks

Navigation menu