Interest rate floor

From ACT Wiki
Revision as of 14:19, 23 October 2012 by imported>Administrator (CSV import)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump 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=27761’