问题如下:
With respect to floating-rate bonds, a reference rate such as the London interbank offered rate (Libor) is most likely used to determine the bond’s:
选项:
A.spread.
B.coupon rate.
C.frequency of coupon payments.
解释:
B is correct.
The coupon rate of a floating-rate bond is expressed as a reference rate plus a spread. Different reference rates are used depending on where the bond is issued and its currency denomination, but one of the most widely used set of reference rates is Libor. A and C are incorrect because a bond’s spread and frequency of coupon payments are typically set when the bond is issued and do not change during the bond’s life.
个人觉得出的不是很严谨,LIBOR也有分不同期限的,譬如30天LIBOR、60天LIBOR等,那其实也可以决定coupon payment的频率