Eurodollar deposit definition

Eurodollar deposit means a U.S. dollar-denominated deposit in a foreign branch of a United States depository institution.
Sample 1Sample 2Sample 3
Eurodollar deposit means a deposit in a foreign branch of a United
Sample 1Sample 2Sample 3
Eurodollar deposit means a United States dollar denominated deposit in a foreign branch of
Sample 1Sample 2

Examples of Eurodollar deposit in a sentence

  • Whether such estimates in fact represent the actual cost to Bank for any particular dollar or Eurodollar deposit or any LIBOR Rate Loan will depend upon how Bank actually chooses to fund the LIBOR Rate Loan.

  • Calculation of all amounts payable to a Lender under this Section 2.6 and under Section 2.7(a) shall be made as though that Lender had funded each of its LIBOR Loans through the purchase of a Eurodollar deposit bearing interest at the rate obtained pursuant to clause (i) of the definition of “LIBOR” in an amount equal to the amount of such LIBOR Loan and having a maturity comparable to the relevant Interest Period, whether or not its LIBOR Loans had been funded in such manner.

  • Loans Calculation of all amounts payable to a Lender under this Section 2.6 and under Section 2.7(a) shall be made as though that Lender had funded each of its LIBOR Loans through the purchase of a Eurodollar deposit bearing interest at the rate obtained pursuant to clause (i) of the definition of LIBOR in an amount equal to the amount of such LIBOR Loan and having a maturity comparable to the relevant Interest Period, whether or not its LIBOR Loans had been funded in such manner.

  • Thus a dollar deposit belonging to an American company held with the Paris subsidiary of an American bank is still a Eurodollar deposit.

  • The interest rate on loans is based on the Eurodollar deposit rate and bears only an indirect relationship to the U.S. prime rate.

  • In our empirical analysis we use the 3 month Eurodollar deposit rate for Swiss francs as the short-term interest rate.

  • Although the roots of BI and MI are located in different application domains, these domains increasingly overlap.

  • The comments from the large FR 2420 respondents and the representative group were considered and incorporated into this proposal.Outreach was also done to the majorfederal funds and Eurodollar deposit brokers to better understand the extent to which new institutions would be required to report in the FR 2420.

  • Whether the mechanism for setting a particular rate in fact represents the actual cost to Banks for any particular dollar or Eurodollar deposit or any LIBOR Rate Loan will depend upon how such Bank actually chooses to fund the LIBOR Rate Loan.

  • Thus, a US dollar deposit with a bank in London is a Eurodollar deposit; a Deutschemark deposit with a bank in Luxembourg is a Euro mark deposit.


More Definitions of Eurodollar deposit

Eurodollar deposit means a U.S. dollar-denominated deposit in a foreign branch of a United States depository in- stitution.
Sample 1
Eurodollar deposit means a dollar denominated deposit in a foreign branch of an authorized depository financial institu- tion whose principal office is located in the United States.
Sample 1

Related to Eurodollar deposit

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.