Mismatch Bond

Mismatch Bond
Note that carries floating interest rate. The rate is adjusted at greater frequency than the rollover period. For example a note whose interest is adjusted based on the one-year interest rate but whose payments are made every quarter.

Related posts:

  1. Floating-Rate Note (FRN)
  2. Floating-Rate Payer
  3. Inverse Floating Rate Note
  4. Bond
  5. Interest Payments

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