Sentences with phrase «next reset date»

The interest rate charged to a borrower will be applicable until the next reset date.

Rate - reset preferreds typically exhibit less interest rate risk as the maximum time to the next reset date, or maturity, is five years.

At each reset date the issuer may announce a change to the security's coupon payment, with investors having the option of holding their securities until the next reset date, or converting them into ordinary equity at that point.

Not exact matches

Luckily, you can reset the expiration date by either earning or redeeming miles, which means that there are dozens of ways to keep your miles fresh for your next award flight.