Floating rate note

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Office anthropology™


The JC puts on his pith-helmet, grabs his butterfly net and a rucksack full of marmalade sandwiches, and heads into the concrete jungleIndex: Click to expand:

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A note that floats, baby. Not known, usually, as a floater. In the nineties the “TRL100,000,000,000,000,000,000 Floating Rate Notes due 2046” was really quite the thing.

See also