5-year Mid-Swap Rate Quotations definition

5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annual fixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating euro interest rate swap transaction which:
5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and ask rates for the semi-annual fixed leg (calculated on an Actual/365 (Fixed) day count basis) of a fixed-for-floating Sterling interest rate swap which:
5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the semi-annual fixed leg (calculated on a 30/360 day count basis as defined in the definition of Day Count Fraction below) of a fixed-for-floating U.S. dollar interest rate swap transaction which:

Examples of 5-year Mid-Swap Rate Quotations in a sentence

  • The NAO is a good choice for this thesis because it features 5 DoF in each of its arms, which is similar to the 7 DoF in a human arm.

  • If on any Reset Rate of Interest Determination Date, the Relevant Screen Page is not available or the 5- year Mid-Swap Rate does not appear on the Relevant Screen Page, the Issuer (or an agent appointed by the Issuer) shall request each of the Reset Reference Banks to provide it with its 5-year Mid-Swap Rate Quotations at approximately 11:00 a.m. (Central European time) on such Reset Rate of Interest Determination Date.

  • If on any Reset Determination Date, the Relevant Screen Page is not available or the 5- year Mid-Swap Rate does not appear on the Relevant Screen Page, the Issuer shall request each of the Reference Banks to provide the Calculation Agent with its 5-year Mid-Swap Rate Quotations as at approximately 11.00 (CET) on such Reset Determination Date.

  • If on any Reset Rate of Interest Determination Date, the Calculation Agent advises the Issuer that the Relevant Screen Page is not available or the 5-year Mid-Swap Rate does not appear on the Relevant Screen Page, the Issuer (or an agent appointed by the Issuer) shall request each of the Reset Reference Banks to provide the Calculation Agent with its 5-year Mid-Swap Rate Quotations as at approximately 11:00 a.m. (Central European time) on such Reset Rate of Interest Determination Date.

  • If on any Reset Rate of Interest Determination Date, the Relevant Screen Page is not available or the 5- year Mid-Swap Rate does not appear on the Relevant Screen Page, the Calculation Agent shall request each of the Reset Reference Banks to provide it with its 5-year Mid-Swap Rate Quotations at approximately 11:00 a.m. (Central European time) on such Reset Rate of Interest Determination Date.


More Definitions of 5-year Mid-Swap Rate Quotations

5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annual fixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating euro interest rate swap transaction which (a) has a term of 5 years commencing on the relevant Euro Notes Reset Date; and (b) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market; where the floating leg (calculated on an Actual/360 day count basis) is equivalent to six-month EURIBOR.
5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates quoted by the Reference Banks at the Relevant Time for the annual fixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating interest rate swap transaction in euro which: (A) has a term of five years commencing on the relevant Reset Date; (B) is in an amount that is representative of a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market; and (C) has a floating leg which is based on the 6-month EURIBOR rate (calculated on an Actual/360 day count basis);
5-year Mid-Swap Rate Quotations means (i) if an Index Cessation Event in respect of 6 month Sterling LIBOR has not occurred on or before the relevant Reset Determination Date, the 5-year Mid-Swap Rate Quotations (LIBOR) or (ii) if an Index Cessation Event in respect of 6 month Sterling LIBOR has occurred on or before the relevant Reset Determination Date, the 5-year Mid-Swap Rate Quotations (XXXXX);
5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annual fixed leg of a fixed-for-floating EUR interest rate swap transaction which:
5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annualfixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating euro interest rate swap transactionwhich:
5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates provided by the relevant Reset Reference Bank at which fixed-for-floating swaps in the AUD swap market are offered and bid by it at approximately Relevant Time on the relevant Reset Determination Date to participants in the AUD swap market for a period of five years, with a semi- annual fixed leg and a quarterly floating leg.
5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the semi-annual fixed leg (calculated on the basis of a 360-day year of twelve 30-day months) of a fixed for floating U.S. dollar interest rate swap transaction which: (i) has a term of five years commencing on the relevant Reset Date, (ii) is in an amount that is representative of a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on three-month U.S. dollar London interbank offered rate (calculated on the basis of the actual number of days in the relevant period divided by 360).