A fixed-rate instrument pays interest at a rate set when it is issued and held constant until maturity or the end of its contractual term. The resulting interest payments do not reset when market yields change, unlike those on a floating-rate instrument.
Passende Formel
Zinseszins
\[K_n=K_0(1+i)^n\]
Anfangskapital, Endkapital, Zinssatz und Laufzeit flexibel bestimmen.
Formel vollständig öffnenSource: European Central Bank (ECB) (source). This glossary entry is an independently worded adaptation of the cited information.