When credit spreads widen, corporate FRN prices may decline temporarily as investors demand greater compensation for credit ...

PITTSBURGH, Jan. 6, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 15, 2026, of the following Senior Bank Notes issued by PNC Bank, ...

Returns in floating rate notes are driven by two main components: short-term interest rates and credit spreads. What Drives Returns in Floating Rate Notes? Corporate floating rate notes (FRNs) are ...

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) ...

PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has priced an underwritten public offering of $200 million aggregate principal amount of its 6.75% notes due ...

NEW YORK--(BUSINESS WIRE)--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) ...

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 ...

BlackRock (BLK) introduced the iShares Floating Rate Note Fund (FLOT) on June 17, 2011. The new ETF seeks investment results that correspond generally to the price and yield performance of the ...

(RTTNews) - Rio Tinto Group (RIO), a mining and materials company, on Wednesday announced that it has priced $9.0 billion of fixed and floating rates. The bonds, to be issued by Rio Tinto Finance (USA ...

PITTSBURGH, Jan. 15, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption of, on Jan. 26, 2026, all outstanding 4.758% Fixed Rate/Floating Rate Senior ...