Compounded Index definition

Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified in the relevant Final Terms;

Compounded Index means SONIA Compounded Index, SOFR Compounded Index or SARON Compounded Index, as specified in the applicable Final Terms;

Compounded Index means either XXXXX Compounded Index or SOFR Compounded Index, as specified in the applicable Final Terms;

Examples of Compounded Index in a sentence

• The press release refers to the rate initially being " based on the SONIA compounded reference rate but will track the Bank of England's published SONIA Compounded Index, when available…".

• However, note that the currently published SONIA Compounded Index is based on observation shift, which is not the convention in this loan.

• The Issuer may in future also issue notes referencing SONIA, the SONIA Compounded Index, SOFR, the SOFR Compounded Index, €STR or the €STR Compounded Index that differ materially in terms of interest determination when compared with any previous SONIA, the SONIA Compounded Index, SOFR, the SOFR Compounded Index, €STR or the €STR Compounded Index referenced Notes issued by it under this Base Prospectus.

• For example, on 2 March 2020, the Federal Reserve Bank of New York, as administrator of SOFR, began publishing the SOFR Compounded Index and on 3 August 2020, the Bank of England, as administrator of SONIA, began publishing the SONIA Compounded Index.

• If the manner in which SONIA and/or the SONIA Compounded Index is calculated is changed, that change may result in a reduction of the amount of interest payable on the relevant Floating Rate Notes and the trading prices of such Notes.

More Definitions of Compounded Index

Compounded Index means either (i) the SONIA Compounded Index where the "SONIA" is specified as the Reference Rate in the applicable Final Terms or (ii) the SOFR Compounded Index where the "SOFR" is specified as the Reference Rate in the applicable Final Terms;

Compounded Index means either SONIA Compounded Index or SOFR Compounded Index, as specified in the Pricing Supplement;

Compounded Index means SONIA Compounded Index;

Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified hereon;

Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified in the relevant Pricing Supplement;

Compounded Index means (i) where “SONIA” is specified in the applicable Final Terms as the relevant Reference Rate, SONIA Compounded Index; or (ii) where “SOFR” is specified in the applicable Final Terms as the relevant Reference Rate, SOFR Compounded Index;

Compounded Index means the Compounded Daily SOFR rate as published at 3:00 p.m. (New York time) by Federal Reserve Bank of New York (or a successor administrator of the Secured Overnight Financing Rate) on the website of the Federal Reserve Bank of New York, or any successor source;