Alternate Treasury Note Rate definition
Alternate Treasury Note Rate on any date means the yield as calculated by reference to the arithmetic average of the bid price quotations of the actively traded, current coupon Treasury Note with a maturity most nearly comparable to the length of the related Dividend Period, as determined by the bid price quotations as of any time on the Business Day immediately preceding such date, obtained from at least three recognized primary U.S. Government securities dealers selected by the Auction Agent.
Alternate Treasury Note Rate has the meaning set forth under "U.S. Treasury Note Rate" below.
Examples of Alternate Treasury Note Rate in a sentence
Alternate Treasury Note Rate has the meaning set forth under U.S. Treasury Note Rate below.