Common use of Bank Bill Rate Determination Clause in Contracts

Bank Bill Rate Determination. If Bank Bill Rate Determination is specified in the Final Terms as the manner in which the Interest Rate is to be determined, the Interest Rate applicable to the Floating Rate PD Debt Instruments for each Interest Period is the sum of the Margin (if any) and the Bank Bill Rate. In this Condition:

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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