英语词汇“variable rate demand obligation (VRDO)”的翻译、意思、用法、释义-英汉经管词典

单词	variable rate demand obligation (VRDO)
释义	variable rate demand obligation (VRDO) Definition Debt security which bears interest at a floating (variable) rate adjusted at specified intervals (such as daily, weekly, or monthly) and can be redeemed at its holder's option when the rate changes. Also called low floater, variable rate demand note, or variable rate demand bond.
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