In early March 2026, Bank of America Corporation issued several new senior unsecured fixed and zero-coupon notes across ...

Returns in floating rate notes are driven by two main components: short-term interest rates and credit spreads. What Drives Returns in Floating Rate Notes? Corporate floating rate notes (FRNs) are ...

Corporate floating rate notes (FRNs) are often discussed when talking about interest rate risk, but credit conditions also play an important role in shaping returns. While FRN coupons adjust with ...

Risk is Average compared to funds in the same category according to Morningstar. These statistics are calculated from a comparison of a fund's excess returns and its benchmark's excess returns. They ...

Bond investors in Canada are clamoring for floating-rate debt, with issuance this year on pace to be the highest in a decade as traders bet that a trade war with the US will drive up inflation.

PITTSBURGH, Jan. 6, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 15, 2026, of the following Senior Bank Notes issued by PNC Bank, ...

WASHINGTON — The U.S. Treasury is delaying a decision on whether to start borrowing in an unconventional way to help cover the federal budget deficits: by offering Treasurys with variable interest ...

The investment seeks high current income. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of floating rate loans and other floating ...

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $650,000,000 of its Floating Rate Notes due 2026 (the “notes”) (ISIN: US172967MB43). The redemption date ...

NEW YORK, July 27 (Reuters) - Demand at a $15 billion auction of U.S. two-year Treasury floating-rate notes on Wednesday rose its strongest level in a year, in contrast with the paltry bidding at two ...

CHARLOTTE, N.C., Jan. 21, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on February 5, 2025, all $1,500,000,000 principal amount outstanding of its Floating Rate ...