Understanding Inverse Floaters: Definition, Mechanics, and Examples

Learn how inverse floaters work, their calculation methods, and see examples illustrating their unique relationship with ...
Seeking Alpha

FRA: Sell This Fund Before It Cuts Its Distribution

As clearly shown, the BlackRock Floating Rate Income Strategies Fund has a yield that is just below the 10.79% median of this group of six funds that all use similar strategies. This might make the ...
Business Wire

Citigroup Announces $1.0 Billion Redemption of 1.281% Fixed Rate / Floating Rate Notes Due 2025

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,000,000,000 of its 1.281% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967ND99) ...
Business Wire

Citigroup Announces Approximately €452 Million Redemption Of 4.25% Fixed Rate/Floating ...

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting €451,934,000 of its 4.25% Fixed Rate / Floating Rate Subordinated Notes due 2030 (the “notes”) (ISIN: ...