= Subscriber content; or subscribe now to access all American Banker content.

Evolving definitions of variable-rate bonds keep bankers arguing and notes uncertain.

OCT 13, 1993 1:00am ET

Investment bankers have taken to describing many structured municipal securities as "containing embedded derivatives."

To continue, please or subscribe
FREE 14-DAY
TRIAL
  • Full access to banking's most comprehensive daily report
  • Daily, weekly, and topic-based newsletters and alerts
  • Award-winning analysis and insight, focused on bankers' key concerns
No credit card needed
SUBSCRIBE
NOW
All subscription content plus:
  • Bimonthly industry research reports (including archive)
  • Morning Scan Plus e‑newsletter
  • Full access to 2016: The Candidates, the Issues
Have an account?
SIGN IN HERE
Remember me