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. (C) 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: ...