What is the meaning of Variable rated demand bond (VRDB)?

Variable rated demand bond > VRDB

Floating-rate bond that periodically can be sold back to the issuer.

Barry Goldsmith
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APABarry Goldsmith. (2010). Variable rated demand bond (VRDB). Retrieved September 23, 2026, from http://smartdefine.org/variable_rated_demand_bond_(vrdb)/definitions/1166185
ChicagoBarry Goldsmith. 2010. "Variable rated demand bond (VRDB)" http://smartdefine.org/variable_rated_demand_bond_(vrdb)/definitions/1166185 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, Variable rated demand bond (VRDB), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/variable_rated_demand_bond_(vrdb)/definitions/1166185>.
MLABarry Goldsmith. "Variable rated demand bond (VRDB)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/variable_rated_demand_bond_(vrdb)/definitions/1166185>