Applicable Swap Rate definition

Applicable Swap Rate means the USD-ISDA-Swap Rate or such other rate set out in the ISDA Definitions and specified in the relevant Final Terms;
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Applicable Swap Rate means the USD-ISDA-Swap Rate or such other rate set out in the ISDA Definitions and specified in the Pricing Supplement.
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Applicable Swap Rate means the [***] rate as stated on Bloomberg screen service page IRSB18 (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those current provided on such page of such service), expressed as a percentage rounded to two (2) decimal places at 11:00 AM New York City time two (2) Business Days prior to the Delivery Date.[***]
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Examples of Applicable Swap Rate in a sentence

  • The Applicable Swap Rate is the monthly average swap rate for a swap whose term is equal to the term of the guarantee period for the premium/renewal (rounded up to the next whole year) during the month the premium is received or the renewal rate is set.


More Definitions of Applicable Swap Rate

Applicable Swap Rate means the two (2) year US Dollar Swap rate as stated on Bloomberg page SSRC7 (2Y “Semi 30/360” Offer Side) (or on any successor or substitute page of such service), at 11:00am (New York Time) three (3) London Banking Days prior to the Delivery Date.
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Applicable Swap Rate means, in respect of a Fixed Rate Collateral Debt Obligation, the swap rate in Euros determined on the date of purchase of the Fixed Rate Collateral Debt Obligation taking into account both the remaining life of the instrument and the payment frequency of the instrument.
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Related to Applicable Swap Rate

  • Mid-Market Swap Rate means for any Reset Period the mean of the bid and offered rates for the fixed leg payable with a frequency equivalent to the Original Mid-Swap Rate Basis (calculated on the day count basis customary for fixed rate payments in the Specified Currency as determined by the Calculation Agent) of a fixed-for-floating interest rate swap transaction in the Specified Currency which transaction (i) has a term equal to the relevant Reset Period and commencing on the relevant Reset Date, (ii) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on the Mid-Swap Floating Leg Benchmark Rate for the Mid-Swap Maturity (as specified in the applicable Final Terms) (calculated on the day count basis customary for floating rate payments in the Specified Currency as determined by the Calculation Agent);

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Loan Assets included in the Aggregate Adjusted Borrowing Value, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Eligible Loan Asset by (ii) such Eligible Loan Asset’s contribution to the Aggregate Adjusted Borrowing Value and dividing (b) such sum by the Aggregate Adjusted Borrowing Value.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;