GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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12:23 Sep 22, 2001 |
German to English translations [PRO] Bus/Financial - Investment / Securities | |||||
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| Selected response from: patpending Local time: 13:36 | ||||
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Summary of answers provided | ||||
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4 +1 | fixed to variable interest |
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5 | fixed to floating |
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fixed to variable interest Explanation: it's the same, really... financial market journalist |
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fixed to floating Explanation: bonds etc generally either bear a fixed rate of return or a "floating" rate which varies with market conditions. if you do a deal such as a swap to transform your exposure from fixed to floating, your risk profile changes accordingly... |
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