-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ep/jLEGwxBHWYupMgMVM3dcFkBc9GcXNN97x+vcqpkEQgnC4hc1Iyz1/GLQsQTsc
 67m2Ai7NayG3zAAwQXyo0Q==

<SEC-DOCUMENT>0000950172-06-000174.txt : 20060320
<SEC-HEADER>0000950172-06-000174.hdr.sgml : 20060320
<ACCEPTANCE-DATETIME>20060320181704
ACCESSION NUMBER:		0000950172-06-000174
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060310
FILED AS OF DATE:		20060320
DATE AS OF CHANGE:		20060320

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Gary Jeff
		CENTRAL INDEX KEY:			0001320182

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21566
		FILM NUMBER:		06699690

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-810-5326

	MAIL ADDRESS:	
		STREET 1:		C/O BLACKROCK FINANCIAL MANAGEMENT INC.
		STREET 2:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK GLOBAL FLOATING RATE INCOME TRUST
		CENTRAL INDEX KEY:			0001287480
		IRS NUMBER:				000000000

	BUSINESS ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-754-5336

	MAIL ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK VARIABLE RATE & INFLATION PROTECTED SECURITIES
		DATE OF NAME CHANGE:	20040416
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2006-03-10</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001287480</issuerCik>
        <issuerName>BLACKROCK GLOBAL FLOATING RATE INCOME TRUST</issuerName>
        <issuerTradingSymbol>BGT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001320182</rptOwnerCik>
            <rptOwnerName>Gary Jeff</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BLACKROCK FINANCIAL MANAGEMENT INC.</rptOwnerStreet1>
            <rptOwnerStreet2>40 EAST 52ND STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Portfolio Manager</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <ownerSignature>
        <signatureName>Vincent B. Tritto as Attorney-in-Fact for Jeff Gary</signatureName>
        <signatureDate>2006-03-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>garypoa.txt
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>


                                POWER OF ATTORNEY
                                -----------------


                  KNOW ALL PERSONS BY THESE PRESENTS that the undersigned hereby
constitutes, designates and appoints Robert Connolly, Vincent Tritto, Brian
Kindelan, Edward Baer and Bartholomew Battista as such person's true and lawful
attorneys-in-fact and agents, each with full power of substitution and
resubstitution and full power to act alone and without the other, for the
undersigned and in the undersigned's name, place and stead, in any and all
capacities, to execute, acknowledge, deliver and file any and all statements on
Form 3, Form 4 and Form 5 and any successor forms adopted by the Securities and
Exchange Commission, as required by the Securities Exchange Act of 1934 and the
Investment Company Act of 1940 and the rules thereunder, and requisite documents
in connection with such statements, respecting securities of the closed-end
registered investment companies advised by BlackRock Advisors, Inc.

                  This power of attorney supersedes any previous versions of
same, and shall be valid from the date hereof until revoked by the undersigned.

                  IN WITNESS WHEREOF, the undersigned has executed this
instrument as of the 17th day of March, 2006.





                                    By:  /s/ Jeff Gary
                                         -------------
                                         Jeff Gary
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
