Floating-rate bonds are designed to minimise which of the following risks?
Floating Rate Bonds (FRBs) are bonds that have a variable coupon, equal to a money market reference rate (like MIBOR or LIBOR) plus a quoted spread (i.e., quoted margin). · Floating rate bonds allow the investor to earn a rate of interest income tied to current interest rates. As such, FRBs carry little interest rate risk. · Its price shows very low sensitivity to changes in market interest rates. When market rates rise, the expected coupons of the FRB increase in line with the increase in forward rates, which means its price remains constant. Thus, FRBs differ from fixed rate bonds, whose prices decline when market rates rise. As FRBs are very less sensitive to interest rate risk, they are considered conservative investments for investors who believe market rates will increase.
Which number would be at the fourth position from the left end in the last step of the output?
Which of the following would be the last step of the rearrangement?
Step III of an input is: zodiac 94 umbrella 14 22 saline home 38, how many more steps will be required to complete the rearrangement?
. Input: “the style and bringing it for everyone”, which of the following will be step IV?
How many numbers are there between ‘understand’ and ‘flower’ in step-IV?
If the entry code for Batch A on Thursday (4th May,2017) was “camera affixes to the hands knuckles that takes in”, then which of the f...
What is the position of “alliance” in the last step?
Which of the following represent the position of ‘opinion’ in step V?
If step IV of an input is ‘the knee joint of animal to see remains’, what is the step III of that input?
Which element is fifth to the left of the element which is ninth from the left end of the fourth step?