A FINANCIAL PRODUCT AND METHOD WHICH LINK A DEBT INSTRUMENT TO A BOND
摘要
<p>A financial product which is comprised of a note and a bond. The note is linked to the bond in that when an interest rate declines, the note interest rate also is reduced in a predetermined manner and the bond interest rate is reduced in a preselected manner. The interest rate on the note and the bond never go up or in an alternative embodiment go up significantly less than the interest rate increase. Also provided is a method for financing a loan by using a note and linked bond, both of whose interest rates can decline but do not rise. The financial product and the method can be implemented by a computer.</p>
