CNH HIBOR definition

CNH HIBOR means CNH Hong Kong inter-bank offered rate. “EURIBOR” means the Euro-zone inter-bank offered rate.

CNH HIBOR means the CNH Hong Kong inter-bank offered rate.

CNH HIBOR means CNH Hong Kong interbank offered rate.

Examples of CNH HIBOR in a sentence

• SHIBOR and CNH HIBOR are inter-bank offered rates based on comprehensive, well-established and transparent rules that govern, among other things, the selection of banks which submit prices, the appointment of the relevant calculation agent and the calculation of the offered rate.6 SHIBOR and CNH HIBOR are widely accepted by market participants as reliable inter- bank offered rates.

• Fixed Rate][[EURIBOR / LIBID / LIBOR / LIMEAN / SHIBOR / HIBOR/ SIBOR / KLIBOR / EIBOR / SAIBOR / BBSW / AUD LIBOR / JPY LIBOR / PRIBOR / CNH HIBOR / TRLIBOR or TRYLIBOR / TIBOR] +/- [ ]per cent.

• See also Shibor Code of Conduct, available at: http://www.shibor.org/shibor/web/html/sszz_e.html.5 The CNH HIBOR specifications are published by TMA and are available at: http://www.tma.org.hk/CNH_HIBOR_Fixing_Specifications_(English).pdf.

• Reuters publishes the CNH HIBOR, which the SEF has ready access to.5 1 See PBOC monetary policy, available at: http://www.pbc.gov.cn/english/130727/index.html (“PBOC Monetary Policy”).

• Fixed Rate] [ ] month [currency] [LIBOR] [EURIBOR] [Canadian Dollar Bankers Acceptance Rate] [CNH HIBOR] [ ] +/- [ ] per cent.

More Definitions of CNH HIBOR

CNH HIBOR means, in respect of Renminbi and any Relevant Period, the interest rate known as the CNH Hong Kong interbank offered rate;

CNH HIBOR means CNH Hong Kong inter-bank official rate.

CNH HIBOR shall be equal to the CNH‑HIBOR‑TMA14 (as defined in the ISDA Definitions) as 11.15 a.m. (Hong Kong time) or if, at or around that time it is notified that such rate will be published at 2.30 p.m. (Hong Kong time), then as of 2.30 p.m. or as near thereto as practicable on the second Hong Kong Banking Day before the first day of the relevant Interest Period (a "CNH HIBOR Interest Determination Date"), as if the Reset Date (as defined in the ISDA Definitions) was the first day of such Interest Period and the Designated Maturity (as defined in the ISDA Definitions) was the number of months specified on the face of this Global Note in relation to the Reference Rate; and

CNH HIBOR means CNH Hong Kong interbank offered rate (or any successor or replacement rate).

CNH HIBOR means in relation to an amount in CNH and a particular Interest Period, (A) the Screen Rate for a period equal to that Interest Period, or (B) (if no Screen Rate is available for a period equal to the required Interest Period, and if BNPP would, in accordance with its usual procedures for sourcing funds, refer to an Interpolated Screen Rate) the Interpolated Screen Rate for that period, each at or about 11.15 am (Hong Kong time) on the applicable date for which interest is to be determined, provided that if any such interest rate is below zero, CNH HIBOR will be deemed to be zero.

CNH HIBOR means the Offshore Chinese Renminbi Hong Kong Interbank Offered Rate.The diagram below sets out the relationship between the various parties following PRC Completion: MLTMIPL Subsidiaries50.0%interest50.0%interestFour HK SPVs100.0%interest Four PRC WFOEs100.0%interest Four PRC Properties

CNH HIBOR means the Offshore Chinese Yuan Hong Kong Interbank Offered Rate;