Income rather than price is the primary driver of FRN returns. As policy rates and SOFR move, FRN coupons adjust accordingly, allowing income to rise in higher-rate environments and decline when rates ...
Heimstaden Bostad AB (publ) successfully priced SEK 500 million green senior unsecured floating rate notes. The notes have a maturity of 5 years with a coupon of 3 months STIBOR plus 1.18 percent. The ...
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