Examples of Day Count Basis in a sentence
The Interest Amount must be calculated by the Issuing Agent, Registrar or other person appointed for that purpose referred to in the relevant Pricing Supplement by applying the Interest Rate to the Outstanding Principal Amount of each applicable Interest Bearing Note, multiplying such sum by the relevant Day Count Basis for the relevant Interest Period and rounding the resultant figure to the nearest cent (half a cent being rounded upwards).
The relevant Day Count Basis is as specified in the applicable Authorised Offering Document.
Interest on the Reset Rate Notes during any Reset Period when such notes bear a fixed rate of interest and are denominated in a currency other than U.S. Dollars will be calculated in accordance with the Actual/Actual (ISMA) Accrual Method, or another Day Count Basis as may be established on the related Remarketing Terms Determination Date.
Day Count Basis (Actual/Actual) Interest on Application Money Default Interest Rate Tenor Redemption Date Redemption Amount Redemption Premium /Discount Issue Price Discount at which security is issued and the effective yield as a resultof such discount.
Step Up/ Step Down Coupon Rate N.A. Coupon Reset Process (including rates, spread, effective date, interest rate cap and floor etc.,) N.A. Day Count Basis Actual/Actual Interest shall be computed on an “actual/actual basis”.
The University of South Dakota strives to foster a globally inclusive learning environment where opportunities are provided for diversity to be recognized and respected.Additional Course Policies and Expectations Syllabus and Course InformationThis syllabus provides useful information that is necessary to successful completion of this course.
The recommended conventions contained in the joint statement for euro-denominated bond issues are as follows: Day Count Basis: Actual/actualQuotation Basis: DecimalsBusiness Days: TARGET operating days Government Issuers Support for these conventions has been encouraging and widespread; most notably among sovereign issuers within the European Union.
Actual Distribution Rate: • This is the actual distribution rate for the Scheduled Tenor ofan ELI (Call Option), being the Annualised Distribution Rate x Scheduled Tenor / Day Count Basis (calculated to 4 decimal places, 0.00005 being rounded upwards).Day Count Basis: • The denominator used to calculate the Distribution Amount.The Day Count Basis will be 365.
Step Up/ Step Down Coupon Rate N.A. Coupon Reset Process (including rates, spread, effective date, interest rate cap and floor etc.,) N.A. Day Count Basis Actual/ActualInterest shall be computed on an “actual/actual basis”.
Coupon Rate: 10.25% p.a. Cash Flow Item N ote: Please refer to Day Count Basis and Business Day Convention specified in the chapter ‘IssueDetails’ of this Information Memorandum.