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Whipsaw Glossary

Currently viewing the definition of: Variable Interest Rate
 
 
 An interest rate that moves in accordance with pre-determined criteria, typically the bank of England base rate. 
 


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    • Junk Bonds
      Junk bonds are so called because they are seen as a higher risk investment. This is because they have a low credit rating, BB or lower, and may not have a long or successful trading history. Junk bonds are also known as high yield bonds due to the returns on offer.