Seeking Alpha

Floating Rates: Capturing Short-Term Yields As The Yield Curve Normalizes

Investors may benefit from shifting toward floating rate notes to capture higher yields and move beyond low-return cash holdings. Investment grade floating rate notes currently yield 5.12%, offering ...
Morningstar

OP Bancorp Announces Closing of $25 million of 7.50% Fixed-to-Floating Rate Subordinated Note

OP Bancorp (the “Company”) (Nasdaq; OPBK), the parent company of Open Bank (the “Bank”), announced today that it has completed a private placement of $25 million principal amount of fixed-to-floating ...

Understanding Inverse Floaters: Definition, Mechanics, and Examples

Learn how inverse floaters work, their calculation methods, and see examples illustrating their unique relationship with ...
Seeking Alpha

FCT: NAV Destruction Is A Big Problem As This Fund Tries To Sustain Its Distribution

First Trust Senior Floating Rate Income Fund II offers an attractive 11.68% yield, but that yield is unsustainable as the fund fails to cover distributions after recent Fed rate cuts. The FCT fund's ...
Hosted on MSN

Standard Bank of South Africa Limited Lists New Floating Rate Note on JSE

14 Jun 2024 (Johannesburg Stock Exchange) The Standard Bank of South Africa Limited has secured a new listing on the Johannesburg Stock Exchange (JSE) for its SBC040 Floating Rate Note, due January 31 ...