Bank of America Corporation announced today that it will redeem on July 22, 2026 all $400,000,000 principal amount ...

The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on July 23, 2026, of all outstanding 5.102% ...

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, March 17, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and ...

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Investment Grade Floating Rate Index (the "Floating Rate Index").

The fund invests at least 80% of its net assets in income-producing floating rate debt securities, consisting of floating rate loans, bonds and notes, issued primarily by North American and Western ...

Bank of America, N.A. announced today that it will redeem on July 17, 2026 all $2,000,000,000 principal amount outstanding of ...

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) ...

Bond investors in Canada are clamoring for floating-rate debt, with issuance this year on pace to be the highest in a decade as traders bet that a trade war with the US will drive up inflation.

Income rather than price is the primary driver of FRN returns. As policy rates and SOFR move, FRN coupons adjust accordingly, allowing income to rise in higher-rate environments and decline when rates ...

NEW YORK, July 17, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and ...