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>