When credit spreads widen, corporate FRN prices may decline temporarily as investors demand greater compensation for credit ...
WASHINGTON — The U.S. Treasury is delaying a decision on whether to start borrowing in an unconventional way to help cover the federal budget deficits: by offering Treasurys with variable interest ...
I maintain my buy rating on PFLT due to its improved non-accrual rate, prioritization of new investments, and slightly improved dividend coverage. PennantPark Floating Rate Capital's current dividend ...
Investors have a new form of government debt to look forward to. Later this year or early next, the U.S. Treasury is scheduled to issue its first new form of security since Treasury ...
Citigroup Inc. is announcing the redemption, in whole, constituting $2,500,000,000 of its 1.122% Fixed Rate / Floating Rate Notes due 2027 (the “notes”) (ISIN: US17327CAM55). The redemption date for ...
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,000,000,000 of its 1.281% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967ND99) ...
* Treasury may announce floating rate notes on Weds * Questions remain over structure of any floating rate program * 3-month dollar, euro Libor rates unchanged on the day By Chris Reese NEW YORK, May ...
(RTTNews) - Truist Financial Corporation (TFC) announced it will redeem all $1.50 billion principal amount outstanding of its floating rate senior notes due July 28, 2026 on the redemption date of ...