Entity
FRNs
FRNs are Floating Rate Notes, a type of debt instrument with interest rates that reset periodically based on a benchmark rate.
Why it’s in the news: They are in the news as financial institutions like the IDB and Fonplata are issuing or re-opening them to raise capital.
Latest on FRNs
- IDB lines up more global FRNs
- Fonplata re-opens FRNs
Connections
2 entities linked to FRNs across the news graph.