But a floating-rate system is not a free lunch either.

但是，浮动汇率体系并不是免费的午餐。

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These bond issuers would rather swap their fixed-rate obligations for floating-rate ones.

债券发行者往往比较愿意将他们的固定利率的债务交换成浮动利率的债务。

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That has undoubted appeal for policymakers in countries where floating-rate mortgages expose borrowers to the risk of payment shocks as rates rise.

对于那些采取浮动利率抵押贷款，利率增加时贷款人面临支付成本上升的国家的政策制定者来说，这无疑具有吸引力。

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Floating-rate securities, securities with puts, securities where, if certain things happened, a sinking fund kicked in.

FORBES: Dow Jones Interactive

The polite term for the asset class we have in mind is floating-rate loans.

FORBES: Fixed Income for Bears

Floating-rate funds come in three varieties: open-end, closed-end and a hybrid of the two.

FORBES: Fixed Income for Bears