Euro Business Day definition
Examples of Euro Business Day in a sentence
If any interest payment date, maturity date or earlier redemption date applicable to the Euro Notes of any series falls on a day that is not an Euro Business Day, the required payment shall be made on the next Euro Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that interest payment date, that maturity date or that redemption date, as the case may be, until the next Euro Business Day.
EURIBOR will be determined in the following manner: • EURIBOR will be the offered rate for deposits in euros having the index maturity specified in the applicable Final Terms Document, beginning on the second Euro Business Day after the relevant EURIBOR interest determination date, as that rate appears on Reuters page EURIBOR01 as of 11:00 A.M., Brussels time, on the relevant EURIBOR interest determination date.
An interest determination date for a LIBOR covered bond is referred to as a LIBOR interest determination date; • for EURIBOR Covered Bonds, the interest determination date relating to a particular interest reset date will be the second Euro Business Day preceding the interest reset date.