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The time now is 10/27/08 - 21:16

What is the credit rating tied to in a floating rate contract?


RealCool.BIZ Forum Index -> Business -> Business Law

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sascha
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Joined: 12 Jan 2004
Posts: 10



PostPosted: 06/08/08 - 07:32    Post subject: Reply with quote

I have problems in finishing my paperwork on floating rate contract. I could use your help. I really do not know what to do and I do not have much time. Do you know what is the credit rating tied to in a floating rate contract? Please help poor ignorant. Any information could help me with this. Thank you all in advanced.
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jim
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Joined: 11 Jul 2007
Posts: 5



PostPosted: 07/08/08 - 00:26    Post subject: Reply with quote

Hi, I have to admit that you have asked very serious and difficult question. Only someone who have experience in this area can give you more detailed explanation what is the credit rating tied to in a floating rate contract. I do not know much about it, but I know that it is tied on floating interest rate benchmarking.
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