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a financial instrument for which the coupon is periodically reset relative to a reference index to reflect changes in short or medium-term market interest rates. Floating rate instruments have either pre-fixed coupons or post-fixed coupons.
floating rate instrument . EKI terminibaas Esterm. Eesti Keele Instituut, Sõnaveeb 2026. https://sonaveeb.ee/search/unif//esterm/floating%20rate%20instrument/1/eng (19.06.2026)