Overview

This eCourse provides an overview of the basic structure and features of floating rate notes (FRNs). It will also describe the various uses and applications of FRNs, variations of the basic FRN structure, and price/yield calculations.

Objective

On completion of this course, you will be able to:
- Outline the basic structure and features of FRNs
- Analyze various aspects of FRNs, including their pricing and yield calculations

Content

Topic 1: Features of FRN
Topic 2: Price/ Yield Considerations