Firm Bid Quotation definition

Firm Bid Quotation means, in respect of a Substitute Reference Entity, a bid side quotation (expressed as a percentage per annum or as an upfront percentage) given by an Eligible Dealer in its capacity as a market maker in the credit default swap market, to act as protection buyer in respect of a credit default swap based on the Market Standard Terms.
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Firm Bid Quotation means, in respect of a Substitution Reference Entity, a bid side quotation (expressed as a percentage per annum or as an upfront percentage) given by
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Firm Bid Quotation means, in respect of a Substitution Reference Entity, a bid side quotation (expressed as a percentage per annum or as an
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Related to Firm Bid Quotation

  • Full Quotation means, in accordance with the Quotation Method, each firm quotation obtained from a Dealer at the Valuation Time, to the extent reasonably practicable, for an amount of the Reference Obligation with an outstanding principal balance equal to the Quotation Amount;

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Written quotations means quotations referred to in paragraph 12(1)(b) of this policy.

  • Quotation Date means, in relation to any period for which an interest rate is to be determined under any provision of a Finance Document, the day which is 2 Business Days before the first day of that period, unless market practice differs in the London Interbank Market for a currency, in which case the Quotation Date will be determined by the Agent in accordance with market practice in the London Interbank Market (and if quotations would normally be given by leading banks in the London Interbank Market on more than one day, the Quotation Date will be the last of those days);

  • exempt market dealer means a person or company registered in the category of exempt market dealer;