Fixed Coupon Rate definition

Fixed Coupon Rate has the meaning specified in Section 2.5(a).
Sample 1Sample 2Sample 3
Fixed Coupon Rate means, during the First Fixed Rate Period, the First Fixed Coupon Rate and, during the Second Fixed Rate Period, the Second Fixed Coupon Rate;
Sample 1Sample 2
Fixed Coupon Rate has the meaning given to it in Condition 5(c).
Sample 1

Examples of Fixed Coupon Rate in a sentence

  • Subject to Condition 4(b)(ii), the Step-Up Fixed-Floating Securities bear interest at the Fixed Coupon Rate from (and including) the Issue Date to (but excluding) the Reset Date and at the Floating Coupon Rate from (and including) the Reset Date.

  • Fixed Coupon Rate of @.55% per annum and accumulated arrears of interest @ 3.5% compounded half-yearly, if the bonds are redeemed on the redemption date and option of conversion into equity shares is not exercised.

  • Whenever it is necessary to calculate an amount of interest in respect of any Step-Up Fixed-Floating Security for a period and such period ends prior to the Reset Date, such interest shall be calculated by applying the Fixed Coupon Rate to the principal amount of such Step-Up Fixed-Floating Security, multiplying such sum by the Fixed Day Count Fraction and rounding the resultant figure to the nearest cent, half a cent being rounded upwards.

  • The two (2) different options offered to the investors: Type A:The Debentures will carry a Fixed Coupon Rate of 9.40% p.a. payable annually, issued at a par value of LKR100.00 per each Debenture and redeemed at par at LKR100.00.Type B:The Debentures will carry a Fixed Coupon Rate of 9.10% p.a. payable annually, issued at a par value of LKR100.00 per each Debenture and redeemed at par at LKR100.00.

  • Agency MBS Investment Portfolio Allocation By Fixed Coupon Rate (1)As of June 30, 2017:$5.34 Billion Fair ValueAs of March 31, 2017:$4.86 Billion Fair Value Specified Pool vs.

  • The Debentures will carry a Fixed Coupon Rate of 8.00% p.a. payable Annually, issued at a discounted price of LKR67.715 per each Debenture and redeemed at par at LKR100.00.

  • Agency MBS Investment Portfolio AllocationBy Fixed Coupon Rate (1)As of March 31, 2020 As of December 31, 2019$0.65 Billion Fair Value $3.77 Billion Fair Value Specified Pool vs.

  • So far, the Government has issued Fixed Coupon/ Rate Bonds, Zero Coupon, Floating Rate, Infrastructure (project specific), Restructuring/ Special bonds, and Amortized and Savings Development bonds.

  • This product has a fixed term and will redeem on the Redemption Date.On the Redemption Date you will receive in respect of each note, in addition to any final payment of a coupon 100% of the Notional Amount.Fixed Coupon: coupon is due for payment at the relevant Fixed Coupon Rate on the relevant Coupon Payment Datet.

  • From (and including) the Issue Date to (but excluding) the First Call Date (as defined in Condition 6(b)) the Securities bear interest at a rate of [• ] per cent per annum (the "Fixed Coupon Rate").


More Definitions of Fixed Coupon Rate

Fixed Coupon Rate means 7.0%;
Sample 1
Fixed Coupon Rate means 4.25%, without adjustment.
Sample 1
Fixed Coupon Rate means 5.00 per cent.
Sample 1

Related to Fixed Coupon Rate

  • Fixed Coupon Amount means the amount specified as such in the relevant Final Terms.

  • Coupon Rate has the meaning set forth in Section 2.8.

  • Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.

  • Cash Interest Coverage Ratio With respect to any Loan for any Relevant Test Period, either (a) the meaning of “Cash Interest Coverage Ratio” or comparable definition set forth in the Underlying Instruments for such Loan, or (b) in the case of any Loan with respect to which the related Underlying Instruments do not include a definition of “Cash Interest Coverage Ratio” or comparable definition, the ratio of (i) EBITDA to (ii) Cash Interest Expense of such Obligor with respect to the applicable Relevant Test Period, as calculated by the Borrower and Collateral Manager in good faith.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Interest Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Senior Secured Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Secured Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Fixed Day Count Fraction means, in respect of the calculation of an amount of interest in accordance with this Condition 4(a):

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Fixed Charge Ratio means, as of any date of determination, the quotient (expressed as a percentage) of (a) Consolidated EBITDA, divided by (b) Consolidated Fixed Charges.

  • Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.5.1(c)(ii) hereof.

  • Secured Net Leverage Ratio means, on any date, the ratio of (a) Consolidated Secured Net Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Weekly Rate means the rate of interest on a Group of 2024 Series A Variable Rate Bonds described in Section 301 of Appendix A hereto.

  • Weighted Average Net Mortgage Rate With respect to any Distribution Date, the weighted average of the applicable Net Mortgage Rates of the Mortgage Loans as of the first day of the related Due Period, weighted on the basis of their respective Stated Principal Balances as of the first day of such Due Period (after giving effect to any payments received during any applicable grace period).

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Consolidated Senior Secured Net Leverage Ratio means as of any date of determination the ratio, on a Pro Forma Basis, of (a) Consolidated Senior Secured Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Floating Day Count Fraction means, in respect of the calculation of an amount of interest for any Interest Period:

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Interest Day Count Convention For any Series or Class of Notes, the fraction specified in the related Indenture Supplement to indicate the number of days counted in an Interest Accrual Period divided by the number of days assumed in a year, for purposes of calculating the Interest Payment Amount for each Interest Accrual Period in respect of such Series or Class.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;