Examples of CIBOR in a sentence

If you have agreements with the Bank on loans, credits or finan- cial instruments in which a benchmark such as the CIBOR refer- ence rate is used, the Bank has made fall-back plans describing how a new benchmark will be found if the agreed benchmark is no longer calculated.
In the event of any other form of interest payment, e.g. as a result of er- rors according to Articles 12.12 or 17.2 or interest on Correcting In- voices, interest is payable as from and including the due date until and including the date when payment is received at an annual rate corre- sponding to the arithmetic average of one (1) month's CIBOR for DKK.
The facility bears interest at LIBOR, EURIBOR, CIBOR or WIBOR depending on the currency drawn down plus a margin of 3.5%.
If you have any agreements with the Bank concerning loans, credits or financial instruments where a benchmark is used, such as the reference rate CIBOR, you can read about the Bank's fall- back plans at jyskebank.dk.
The floating-rate mortgage is repriced semi- annually with reference to 6-month CIBOR.

More Definitions of CIBOR

CIBOR means Copenhagen Interbank Offered Rate For the NOK currency:

CIBOR means the Copenhagen interbank offered rate; “Clearstream, Luxembourg” means Clearstream Banking S.A.; “Code” means the U.S. Internal Revenue Code of 1986;

CIBOR means the Copenhagen inter-bank offered rate; CITA means the Copenhagen t/n Interest Average;

CIBOR means in relation to any Loan or other sum in DKK:

CIBOR means, in respect of Danish Kroner and for any specified period, the interest rate benchmark known as the Copenhagen interbank offered rate which is calculated and published by a designated distributor in accordance with the requirements from time to time of the Danish Bankers' Association based on estimated interbank borrowing rates for Danish Kroner for a number of designated maturities which are provided by a panel of contributor banks (details of historic CIBOR rates can be obtained from the designated distributor);

CIBOR means in relation to any Loan or other sum in DKK: (a) the applicable Screen Rate; or (b) (if no Screen Rate is available for the Interest Period of that Loan or other sum) the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Facility Agent at its request quoted by the Reference Banks to leading Lenders in the Danish interbank market, in both cases at or about 12.00 a.m. (Oslo time) on the second Business Day prior to the relevant Interest Period for the offering of deposits in DKK and for a period comparable to the Interest Period of that Loan or other sum and if any such rate is below zero, CIBOR will be deemed to be zero.