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Compounded Index Start definition

Compounded Index Start means the relevant Compounded Index value on the day falling the Relevant Number of Index Days prior to the first day of the relevant Interest Period;
Compounded Index Start means the relevant Compounded Index value on the Start date;
Compounded Index Start means, in relation to any Interest Period, the relevant Compounded Index value on the day falling “p” Business Days (as defined in paragraph (1) above) prior to the first day of such Interest Period;

More Definitions of Compounded Index Start

Compounded Index Start means, in respect of an Interest Period, the relevant Compounded Index value on the day falling the Relevant Number ofU.S. Government Securities Business Days prior to the first day of the relevant Interest Period;
Compounded Index Start means the Compounded Index Value on the first day of the relevant Index Observation Period;
Compounded Index Start means, in respect of an Interest Period, the relevant Compounded Index value on the day falling the Relevant Number of
Compounded Index Start means, in relation to any Interest Period, the relevant Compounded Index value on the day falling “p” Business Days (as defined in paragraph(1) above) prior to the first day of such Interest Period;

Related to Compounded Index Start

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

  • SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • Compounded Daily SONIA means with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment during the Observation Period corresponding to such Interest Accrual Period (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.