The phrase "a floating interest rate" is correct and usable in written English.
It can be used in financial contexts to describe an interest rate that fluctuates over time based on market conditions.
Example: "The loan agreement specifies that the borrower will be charged a floating interest rate, which may change every six months."
Alternatives: "variable interest rate" or "adjustable interest rate."
The company also sold $150 million of 15-month notes with a floating interest rate.
Commercial debt carries a floating interest rate tied to the rates big banks charge each other for money, while noncommercial loans are usually at fixed rates.
States use swaps when they want to issue a bond at a floating interest rate but protect themselves from future swings in rates.
A bank loan taken out at a floating interest rate, or denominated in foreign currency, exposes the borrower to additional risks beyond his control.
After a session that ran late Wednesday and resumed Thursday morning, the group agreed to convert asset-backed commercial paper, which normally matures in 30 to 60 days, into long-term notes with a floating interest rate.
Franchisees will borrow for seven years at a floating interest rate, which is guaranteed not to rise more than 2.5 percentage points above the initial loan rate for the first three years.
According to her, the loan has grown more popular as interest rates have risen, because it allows customers to convert part of their home equity debt, which is typically tied to a floating interest-rate index, into a fixed-rate loan.
The oddity was that, although Nomura kept the fixed coupon on the bonds, it paid back to M.P.S. an unusually low floating interest rate.
He argues that it no longer really exists, assuming it ever did, and wants to find a new benchmark for floating interest rate contracts.
For floating interest rate circumstances, we should introduce a random interest rate process and specify the function form between the loan interest and the risk-free rate.
For floating interest rate circumstances, we should specify the function form between the loan interest and the risk-free rate.
