Revision as of 02:43, 12 June 2010 edit Jafcbs (talk \| contribs) 36 edits ←Created page with 'An interest rate linked note or deposit is structured to pay one of two coupons linked to an event defined by a range and a reference period. a) A higher coupon i...'		Revision as of 03:26, 13 June 2010 edit undo Jafcbs (talk \| contribs) 36 edits mNo edit summary Next edit →
Line 2: a) A higher coupon if the indexed rate stays within a certain range during a reference period b) A lower coupon or a zero if the indexed rate is outside that range during the same reference period Because of the rate range and the higher interest accretion when rates are within that range, these notes are sometimes also referred as Range Accrual Notes.

Interest rate-linked note: Difference between revisions