pre-fixed coupon

What is pre-fixed coupon?

pre-fixed coupon definition and meaning on Finance terms:
A coupon on floating rate instruments which is determined on the basis of the values taken by the reference index at a certain date (or dates) before the start of the coupon accrual period. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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