Fixed Rate Covered Bond definition

Fixed Rate Covered Bond means a Covered Bond on which interest is calculated at a fixed rate payable in arrear on a fixed date or fixed dates in each year and on redemption or on such other dates as may be agreed between the Issuer and the relevant Dealer(s) (as indicated in the applicable Final Terms).
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Fixed Rate Covered Bond means a Covered Bond specified as such in the relevant Final Terms.
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Fixed Rate Covered Bond means a Covered Bond on which interest is calculated at a fixed rate payable in arrear on one or more Interest Payment Dates in each year as may be agreed between the Issuer and the relevant Dealer, as indicated in the applicable Final Terms; Floating Rate Covered Bond means a Covered Bond on which interest is calculated at a floating rate, payable in arrear on one or more Interest Payment Dates in each year as may be agreed between the Issuer and the relevant Dealer, as indicated in the applicable Final Terms; Global Covered Bond means a Temporary Global Covered Bond and/or a Permanent Global Covered Bond, and/or a Regulation S Global Covered Bond as the context may require; Icelandic Covered Bond Act means the Icelandic Act on Covered Bonds no. 11/2008, as amended. Inflation Linked Covered Bond means a Covered Bond in respect of which the amounts payable are adjusted for indexation in accordance with the provisions set out in Conditions 6.3, 7.1 and 8.3; Inflation Linked Non-Amortising Covered Bond means a Covered Bond in respect of which the amounts payable are adjusted for indexation in accordance with the provisions set out in Conditions Interest Commencement Date means, in the case of interest-bearing Covered Bonds, the date specified in the applicable Final Terms from and including which the Covered Bonds bear interest, which may or may not be the Issue Date; Issue Date means, in respect of any Covered Bond, the date of issue and purchase of the Covered Bond as specified in the applicable Final Terms or any other agreement between the Issuer and the relevant Dealer being, in the case of any Definitive Covered Bond represented initially by a Global Covered Bond, the same date as the date of issue of the Global Covered Bond which initially represented the Covered Bond; Issue Price means the price, generally expressed as a percentage of the nominal amount of the Covered Bonds, at which the Covered Bonds will be issued;
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Examples of Fixed Rate Covered Bond in a sentence

  • Each Fixed Rate Covered Bond bears interest on its Outstanding Principal Amount from and including the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest.

  • The Covered Bond is a Fixed Rate Covered Bond, a Floating Rate Covered Bond or a Zero Coupon Covered Bond or any appropriate combination thereof, depending on the Interest Basis specified in the applicable Final Terms.

  • Where the Specified Denomination of a Fixed Rate Covered Bond in definitive form comprises more than one Calculation Amount, the amount of interest payable in respect of such Fixed Rate Covered Bond will be the aggregate of the amounts (determined in the manner provided above) for each Calculation Amount comprising the Specified Denomination without any further rounding.

  • A Long Maturity Covered Bond is a Fixed Rate Covered Bond (other than a Fixed Rate Covered Bond which on issue had a Talon attached) whose nominal amount on issue is less than the aggregate interest payable thereon provided that such Covered Bond will cease to be a Long Maturity Covered Bond on the Interest Payment Date on which the aggregate amount of interest remaining to be paid after that date is less than the Principal Amount Outstanding of such Covered Bond.

  • The Covered Bond may be a Fixed Rate Covered Bond, a Floating Rate Covered Bond, or a Zero Coupon Covered Bond or any appropriate combination thereof, depending on the Interest Basis specified in the applicable Final Terms or Pricing Supplement.

  • Where the Specified Denomination of a Fixed Rate Covered Bond in definitive form is a multiple of the Calculation Amount, the amount of interest payable in respect of such Fixed Rate Covered Bond shall be the product of the amount (determined in the manner provided above) for the Calculation Amount and the amount by which the Calculation Amount is multiplied to reach the Specified Denomination, without any further rounding.

  • Each Fixed Rate Covered Bond bears interest from (and including) the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest.

  • This Covered Bond is a Fixed Rate Covered Bond, a Floating Rate Covered Bond or a Zero Coupon Covered Bond, depending upon the Interest Basis shown in the applicable Final Terms.

  • Each Fixed Rate Covered Bond bears interest on its Principal Amount Outstanding, but subject to Condition 4.3 (Interest following a Notice to Pay) from (and including) the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest.

  • The yield for any Fixed Rate Covered Bond is calculated at the Issue Date on the basis of the Issue Price and is not an indication of future yield.