Examlex
All of the following describe hard wheat except one.Choose the exception.
LIBOR
London Interbank Offered Rate; the rate that large banks in London charge one another.
Floating-Rate Debt
A type of debt instrument with interest rates that adjust periodically based on a benchmark interest rate or index.
Fixed Rate Debt
A type of loan or security with an interest rate that remains constant throughout the life of the loan or security.
Interest Rate Swaps
Financial derivatives contracts where two parties agree to exchange one stream of interest payments for another, based on a specified principal amount.
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