floating rates
Market-adjusted loan costs
Floating rates are interest rates that fluctuate based on market conditions or a reference benchmark, as opposed to fixed rates that remain constant.
Mortgages, bonds, and loans may carry floating rates tied to indexes like LIBOR or the prime rate: With floating rates, your monthly payment could change.
Also called variable rates or adjustable rates.
- forexCurrency trading market
- interestsWhat engages or benefits
- fluctuatingShifting irregularly over time
- variable interestRate that adjusts periodically
- LIBORInterbank lending benchmark rate
adjustable · loans · flexible · markets · derivatives · peg · foreign exchange · unfixed · monetary policy · financial markets · bond market · spot market · forward contract · carry trade · currency devaluation · capital markets · arbitrage · yield curve
- forexforex, currency trading, currency exchange, foreign exchange, bid price
- monetary systemsgold standard, reserve currency, convertibility, par value, central banks
- currencydollar, euro, pound, yen, peso
- monetary policyinflation, central banking, deflation, central bank, money supply
- Euromarketseurodollar, eurodollars, eurobonds, offshore banking, LIBOR
- Forex Regulationcurrency reserves, AML, compliance officers