Discover how put bonds give bondholders the right to compel issuers to repurchase bonds before maturity, elucidating their ...
What Is a Variable-Rate Demand Bond? A variable-rate demand bond (VRDB) is a type of municipal bond with a floating interest rate that adjusts periodically, usually weekly or daily. This type of bond ...
The New Jersey Supreme Court agreed to review a lower court's ruling against a whistleblower who sued a bevy of Wall Street banks over alleged rate-rigging on the state's variable-rate demand bonds.
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