Annual Effective Rate of Interest definition
Annual Effective Rate of Interest means the effective rate of interest per annum, determined as the sum of the five-year government zero-coupon rate on the last trading day before the signing of the agreement on a state-funded capital injection plus a fixed margin of 6% plus an individual margin for Vestjysk Bank. The individual margin of the bank is capped at 2.25%.
Annual Effective Rate of Interest means the effective rate of interest per annum, determined as the sum of the five-year government zero-coupon rate on the last trading day before the signing of the agreement on a state-funded capital injection plus a fixed margin of
Annual Effective Rate of Interest means 10.190% per annum.