Variable rated demand bond (VRDB)

Floating rate bond that can be sold back periodically to the issuer. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • variable-rated demand bond — ( VRDB) floating rate bond that periodically can be sold back to the issuer. Bloomberg Financial Dictionary …   Financial and business terms

  • variable rated demand bond — ( VRDB) floating rate bond that periodically can be sold back to the issuer. Bloomberg Financial Dictionary …   Financial and business terms

  • VRDB — ( variable rated demand bond) floating rate bond that periodically can be sold back to the issuer. Bloomberg Financial Dictionary …   Financial and business terms

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