3-month EURIBOR definition
3-month EURIBOR means the rate for deposits in euros for a period of the 3 months, expressed as a percentage, which appears on the Reuters Screen “EURIBOR01” Page as of 11.00 a.m. Frankfurt time, on the day that is 2 TARGET Business Days prior to the first date of the relevant Interest Period.
3-month EURIBOR means the rate per annum for deposits in euro for a period of three months for an amount approximately equal to the outstanding principal amount of the CASHES at approximately 11:00 a.m. (Brussels time) and fixed quarterly on the second TARGET Settlement Day (as defined below) prior to the first day of the related Coupon Period (the “Determination Date”) which appears on the display designated as “page 248” on Bridge/Dow Jones Moneyline Telerate Service (or such other page or service as may be used in the future for the purpose of displaying the European interbank offered rate). If the above rate is not published:
3-month EURIBOR. – means, in respect of a Reset Date, the rate for deposits in Euros for a period of 3 (three) months which appears on the Reuters Screen EURIBOR01 Page as of 11:00 a.m., Brussels time, on a day that is two TARGET Settlement Days preceding that Reset Date. If such rate does not appear on the Reuters screen EURIBOR01 Page, the rate for that Reset Date will be determined on the basis of the rates at which deposits in Euros are offered by the Reference Banks as approximately 11:00 a.m., Brussels time, on a day that is two TARGET Settlement Days preceding that Reset Date, to prime banks in the Euro-zone interbank market for a period of three months. The Calculation Agent will request the principal Euro-zone office of each of the Reference Banks to provide a quotation of its rate. If at least two quotations are provided, the rate will be the arithmetic mean of the quotations. If fewer quotations are provided, the rate will be determined by the Calculation Agent, using a representative rate;
Examples of 3-month EURIBOR in a sentence
The normal interest rate for WIND HELLAS is: 3% per annum above the 3-month EURIBOR Rate for both parties Roaming invoices are available for download in PDF format from our electronic invoicing area.
On exceedance of the agreed term of payment default interest at the 3-month EURIBOR rate plus 4% will be charged.
The reference interest rate is calculated as the 3-month EURIBOR interest rate as recorded at the start of each financing period (being the last Rebalance Date) plus a financing spread of 1.15 per cent, applied to the value of the Cash Account at the last Rebalance Date.
It is charged as the 3-month EURIBOR interest rate (as recorded at the start of each financing period) plus a financing spread of 1.15 per cent., applied to the value of the Cash Account (as at the start of each financing period), and is deducted from the level of the Leveraged Index to reduce the amount otherwise payable on the Certificates.
On exceedance of the agreed term of payment default interest at the 3-month EURIBOR rate plus 4%will be charged.
More Definitions of 3-month EURIBOR
3-month EURIBOR means, in respect of any day, the rate for deposits in Euros for a period of 3 months which appears on the Telerate Page 248 as of 11:00 a.m., Brussels time two TARGET Business Days prior to such day. If such rate does not appear on such page on such date, the rate shall be determined by the Calculation Agent acting in good faith and in a commercially reasonable manner with reference to rates quoted on such day by leading banks.
3-month EURIBOR means the 3-Month Euro Interbank Offered Rate given in Bloomberg: EUR003M <Curncy>;
3-month EURIBOR means, in respect of a Reset Date, the rate for deposits in Euros for a period of 3 (three) months which appears on the Reuters Screen EURIBOR01 Page as of 11:00 a.m., Brussels time, on a day that is two TARGET Settlement Days preceding that Reset Date. If such rate does not appear on the Reuters screen EURIBOR01 Page, the rate for that Reset Date will be determined on the basis of the rates at which deposits in Euros are offered by the Reference Banks as approximately
3-month EURIBOR. – means, in respect of a Reset Date, the rate for deposits in Euros for a period of 3 (three) months which appears on the Reuters Screen EURIBOR01 Page as of 11:00 a.m., Brussels time, on a day that is two TARGET Settlement Days preceding that Reset Date. If such rate does not
3-month EURIBOR means, for any Capital Payment Period or Interest Payment Period commencing on or after June 29, 2017 the rate determined by the Calculation Agent on the day (the “Floating Rate Reset Date”) falling two Business Days prior to the first day of the relevant Capital Payment Period or Interest Payment Period and shall be the per annum rate published on Reuters Screen EURIBOR01 Page (or such other screen page of Reuters or such other information service that is designated as the successor to Reuters Screen EURIBOR01 Page for the purpose of displaying such rates (the “Screen Page”)) on the relevant Floating Rate Reset Date at or about 11:00 a.m. (Brussels time) as the rate offered in the interbank market in the Euro-zone for deposits in Euros for the relevant Capital Payment Period or Interest Payment Period. If such rate does not appear on the Screen Page, then the rate for such Capital Payment Period or Interest Payment Period shall be the arithmetic mean (rounded if necessary to the nearest one thousandth of a percentage point, with 0.0005 being rounded upwards), determined by the Calculation Agent, of the rates which four banks whose offered rates were used to determine such quotation when such quotation last appeared on the Screen Page (the “Reference Banks”) quote to prime banks in the interbank market in the Euro-zone at approximately 11:00 a.m. (Brussels time) on the relevant Floating Rate Reset Date for deposits in Euros for such Capital Payment Period or Interest Payment Period. If at least two such quotations are provided, the rate for such Capital Payment Period or Interest Payment Period will be the arithmetic mean of the quotations. If fewer than two quotations are provided as requested, the rate for such Capital Payment Period or Interest Payment Period will be the 3-month EURIBOR rate in effect on the Business Day immediately preceding the relevant Floating Rate Reset Date.
3-month EURIBOR means 3 month EURIBOR as set by Reuters Page EURIBOR01 at 11.00AM Brussels time, two Business Days prior to the commencement of each Interest Period.
3-month EURIBOR in relation to any amount on any day, means: