Fixed Income Q30

30A European country issued floating rate bonds denominated in U.S. dollars that pay coupons quarterly. The most likely reference rate of this bond is:

Option : C
Explanation : For floating rate bonds denominated in U.S. dollars the reference rate is usually the U.S. dollar Libor. If coupons are paid quarterly the reference rate will usually be the U.S. dollar 3 month Libor.

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