Benchmark Interest Rate definition

Benchmark Interest Rate means the notional interest at which the Benchmark Repayment Schedule has been calculated.
Sample 1Sample 2Sample 3
Benchmark Interest Rate means the market interest rate against which the Cap-It Certificate and the underlying Cap Investment are referenced. The Benchmark Interest Rate of the Cap Investments purchased by the Issuer and of the Cap-It Certificates issued by the Issuer will normally be one of either LIBOR or Base Rate;
Sample 1Sample 2Sample 3
Benchmark Interest Rate means the relevant interbank cash interest rate applicable to the Relevant Currency;
Sample 1Sample 2

Examples of Benchmark Interest Rate in a sentence

  • Recently Adopted Accounting Pronouncements In July 2013, the FASB issued ASU No. 2013-10, Derivatives and Hedging (Topic 815): Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes (a consensus of the FASB Emerging Issues Task Force).

  • The Benchmark Interest Rate Reform process continues and the Bank has been continuing to work within the scope of adaptation to the changes.

  • In the previous year, the Entity changed the Phase 1 of the amendments of the Benchmark Interest Rate Reform: Amendments to IFRS 9/IAS 39 and IFRS 7.

  • Interest (which forms part of the total lease amount) is calculated at a floating rate and shall be adjusted with reference to the Benchmark Interest Rate plus a premium.

  • Applications received from the digital channels are evaluated quickly and concluded.Changes in Accounting PoliciesWith the regulations regarding the implementation of the Benchmark Interest Rate Reform, which brings amendments to TFRS 9, TAS 39, TFRS 7, TFRS 4 and TFRS 16, effective from January 1, 2021, early implementadetion of the amendments is permitted.


More Definitions of Benchmark Interest Rate

Benchmark Interest Rate means the RMB Benchmark Interest Rate;
Sample 1Sample 2
Benchmark Interest Rate means the interest rate as publicized by the PBOC for the loans of the same term and types on the Interest Calculation Date;
Sample 1Sample 2
Benchmark Interest Rate the benchmark interest rate of RMB loans issued by the People’s Bank
Sample 1Sample 2
Benchmark Interest Rate means the benchmark interest rate of loan (RMB) more than five (5) years (in annual interest rate) frequently formulated, adjusted and published by the People’s Bank of China.
Sample 1
Benchmark Interest Rate means the one-year RMB lending benchmark rate shown as annual rate, calculated and published by the National Interbank Funding Center on each Business Day.
Sample 1
Benchmark Interest Rate means the highest of the weighted average annual interest rates (for this purpose, “interest rate” shall include any additional amounts paid in respect of withholding or deduction for any taxes, duties, assessments or governmental charges of whatever nature imposed upon or levied upon or as the result of the payment by Carrier of principal and interest on such Senior Debt by Colombia or any political subdivision or taxing authority thereof or therein as a result of any amendment to, or change in, the laws (or any regulation or rulings thereunder) of Colombia or any political subdivision or taxing authority thereof or therein affecting taxation or any amendment to or change in any official interpretation or application of such laws or regulations but shall exclude any default or penalty interest rate to the extent such rate exceeds the otherwise applicable interest rate together with any interest accruing on any principal amount of Senior Debt due but not yet paid) on Senior Debt in each Senior Debt Tranche outstanding during such period, and, if all remaining Senior Debt matures or is repaid in such period, the Benchmark Interest Rate shall be fixed at the Benchmark Interest Rate prevailing immediately prior to such maturity or repayment provided, however, that the Benchmark Interest Rate shall never be lower than the annual yield from time to time in effect on U.S. Treasury notes with a remaining term to maturity of 10 years plus 2%, expressed as a bond equivalent. The weighted average interest rate in any period for each Initial Shipper shall be the ratio of (x) the total interest expense (and any fees payable under the Senior Debt Agreement relating to the Related Senior Debt other than fees that are incurred in connection with the obtaining of such Senor Debt and capitalized by Carrier) on the Senior Debt under the Related Senior Debt Tranche during such period and (y) the total average outstanding amount of Senior Debt under the Related Senior Debt Tranche during such period. The Benchmark Interest Rate shall be recomputed every time Carrier incurs new Senior Debt. Until any Senior Debt is incurred by Carrier, the Benchmark Interest Rate shall be the annual yield from time to time in effect on U.S. Treasury notes with a remaining term of maturity of 10 years plus 2%, expressed as a bond equivalent, fixed at the time Carrier incurs any liability which bears interest set with reference to the Benchmark Interest Rate.
Sample 1
Benchmark Interest Rate means (i) the benchmark lending interest rate quoted by the
Sample 1