Variable-Rate Demand and Short-Term Securities

Variable-rate demand pages cover securities that reset rates and often include liquidity or demand features.

These terms are most useful when comparing short-term municipal, bank, and cash-management instruments.

In this section

• Variable Rate Demand Note: Understanding VRDNs and Their Mechanics
  A comprehensive guide to Variable Rate Demand Notes (VRDNs), covering
• Variable-Rate Bond: Meaning and Example
  Learn what a variable-rate bond is, how its coupon resets, and why its
• Variable-Rate Demand Bond: Meaning and Example
  Learn what a variable-rate demand bond is and why its reset feature and
• Variable-Rate Security: Financial Instrument with Adjustable Interest Rates
  An in-depth exploration of variable-rate securities, their types, historical
• VRN: Variable-Rate Note
  A Variable-Rate Note (VRN) is a type of debt instrument that has a floating