Examples of European Interbank Market in a sentence
If no such quotation is available, EURIBOR will be the rate per annum for deposits in euro determined to be equal to the arithmetic mean (rounded upwards to four decimal places) of the six month rates at which at least three banks who generally provided quotes on Telerate page 248 when quotations were last available thereon was offering to prime banks in the European Interbank Market deposits in euro and for the specified period at or about 11:00 am on the relevant rate fixing day.
We demonstrated the accuracy and interactivity of these models, by evaluating PRETENDER on multiple firmware samples across different hardware platforms.
As a first step towards understanding the mechanisms of direct contagion, the ESRB has analysed the structure and resilience of the European Interbank Market (Alves et al., 2013).
The Portland Water Bureau (PWB) seeks to obtain bulk dense sodium carbonate (soda ash) deliveries to its Lusted Hill Treatment Facility at 6704 SE Cottrell Road, Gresham, OR 97080.
For the purpose of this agreement, the European Interbank Market Interest Rate (EURIBOR) is understood to mean the European interest rate for one year deposits of an amount equal or similar to the capital pending repayment to Bank by Borrower, published on the REUTERS EURIBOR 01 SCREEN AT ELEVEN O'CLOCK IN THE MORNING (11:00 A.M.) MADRID TIME, as of the date on which each successive Interest Period commences.
Any interest, commission or fee accruing under a Finance Document shall accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days or, in any case where the practice in the European Interbank Market differs, in accordance with that market practice.
To define this rate, the European Bank Federation (EBF) considers the interest rate verified in the European Interbank Market transactions by a se- lected group of banks (Rodriguez-Lopez et al., 2021) and calculates the average for different time horizons: a week, a month, and 3, 6 and 12 months.
Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days or, in any case where the practice in the European Interbank Market differs, in accordance with that market practice.
For purposes of calculating amounts payable by a Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Loan made by it at EURIBOR for such Loan by a matching deposit or other borrowing in the European Interbank Market for a comparable amount and for a comparable period, whether or not such Loan was in fact so funded.