Examples of Eligible Bonds in a sentence
A Primary Dealer may request a swap of Eligible Bonds for Requested Bonds from the HKSAR Government on a business day or by such other time as the Monetary Authority may specify, by entering into an issuance and redemption agreement (“Issuance and Redemption Agreement”) under the Master Issuance and Redemption Agreement.
In the event that Party A has delivered a Substitution Notice pursuant to Condition 4(b)(i) (Substitution at direction of Counterparty) giving notice to Party B of its intention to substitute cash comprising the Charged Assets with certain Eligible Bonds (such Eligible Bonds as specified in the Substitution Notice, the "Replacement Collateral Securities"), Party A shall, on the date specified for such substitution in the Substitution Notice, transfer the Replacement Collateral Securities to Party B.
No interest was paid in respect of Bonds B and C, so the value of each of those Eligible Bonds is £27,000 and £100,000 respectively.
If we re-designate any Series of Aggregated Eligible Bonds affected by the Proposed Modifications, any excluded Series will not be considered for the purposes of the thresholds described above.
Such re-designation would allow us to exclude one or more Series of Aggregated Eligible Bonds from the calculation of the Aggregated Requisite Consents on an aggregated basis for the Proposed Modifications affecting the Series that have not been excluded and calculate the requisite consents on a single Series basis for each Series that has been excluded.