Actual/365 (Fixed) definition

Actual/365 (Fixed) means that interest or any other relevant accrual factor shall be calculated on the basis of the actual number of days elapsed in a year of 365 days, regardless of whether accrual or payment occurs during a calendar leap year.

Actual/365 (Fixed) means the actual number of days in the Interest Period divided by 365.

Actual/365 (Fixed) has the meaning given to it in Condition 5.09 (Definitions);

Examples of Actual/365 (Fixed) in a sentence

• Floating Rate: The sum of the Floating Rate Option and the Spread.Floating Rate Day Count Fraction: Actual/365 (Fixed).

• Actual/365] [Actual/365 (Fixed)] [Actual/360] [30/360] [30E/360] [Eurobond Basis].

• The calculation of interest shall be effected on the basis of a 365 day year and on the basis of the actual number of days elapsed.This paragraph [7 / 8] shall apply if "Actual/365 (Fixed)" is the agreed Day Count Fraction [7/8].

• Renminbi Notes only(xiv) Day Count Fraction:[Actual/365 / Actual/Actual - ISDA / Actual/Actual –ICMA / Actual/365 (Fixed) / Actual/360 / 30/360 / 360/360 / Bonds Basis / [30E/360 / Eurobond Basis] 15.

• Im Falle von Actual/365 (Fixed), ist folgendes anwendbar:die tatsächliche Anzahl von Tagen im Zinsberechnungszeitraum, dividiert durch 365.

More Definitions of Actual/365 (Fixed)

Actual/365 (Fixed) which means that interest is calculated on the basis of the actual number of days elapsed in a year of 365 days, regardless of whether accrual or payment occurs in a leap year;

Actual/365 (Fixed) means a calculation on the basis of the actual number of days elapsed in a year of 365 days, regardless of whether accrual or payment occurs during a calendar leap year.

Actual/365 (Fixed) is so specified, means the actual number of days in the Calculation Period divided by 365;

Actual/365 (Fixed) means that we will compute interest based on the actual number of days elapsed in a year of 365 days, regardless of whether accrual or payment occurs during a calendar leap year.

Actual/365 (Fixed). ’ means that interest or any other relevant factor shall be calculated on the basis of the actual number of days elapsed in a year of 365 days, regardless of whether accrual or payment occurs during a leap year.

Actual/365 (Fixed) means that interest shall be calculated on the basis of the actual number of days elapsed in a time period over a year of 365 days, regardless of whether accrual or payment occurs during a calendar leap year.

Actual/365 (Fixed) is so specified, means the actual number of days in such Calculation Period divided by 365;