Quote:
|
Originally Posted by Big Al
I see, so then when lending institutions make offers for my custom, then they are not negotiating? When offers for higher interest for time deposits aka Cd's that's not a negotiation for value? I understand the point of the stamp and I'm of an accord with you. but to say they FRN's are not negotiable is not reality, money markets disprove that point every hour of every day.  |
Non-negotiable FRNs are USNs in the form of FRNs.