Issue margin

The amount of interest paid by an issuer on a Floating Rate Note is the sum of a variable rate plus a margin That margin is called the Issue Margin, also known as the Coupon Margin In Australia, the variable rate is generally the Bank Bill Swap Rate (BBSW); while many other OECD countries use a form of LIBOR.

« Back to Glossary Index
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *