Fixed Rate Security definition

Fixed Rate Security means a Security which provides for the payment of interest at a fixed rate.

Fixed Rate Security. Any Collateral Debt Security (including, without limitation, an Above Cap Security) other than a Floating Rate Security.

Fixed Rate Security means a Security bearing a fixed rate of interest.

Examples of Fixed Rate Security in a sentence

• Each Fixed Rate Security bears interest on its outstanding nominal amount from and including the Interest Commencement Date either (i) at the rate per annum (expressed as a percentage) equal to the Rate of Interest or (ii) in an Interest Amount, such interest being payable in arrear on each Interest Payment Date.

• Each Fixed Rate Security bears interest on its outstanding nominal amount from (and including) the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest.

• This Security may be a Fixed Rate Security, a Floating Rate Security, a Zero Coupon Security or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms.

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

• Upon the date on which any Fixed Rate Security in definitive bearer form becomes due and repayable, all unmatured Talons (if any) appertaining thereto will become void and no further Coupons will be issued in respect thereof.

More Definitions of Fixed Rate Security

Fixed Rate Security means a Debt Security that provides for the payment of interest at a fixed rate.

Fixed Rate Security means any Security where "Fixed Rate Provisions" is specified to be applicable in the relevant Final Terms.

Fixed Rate Security means any Security having a Stated Rate that is a fixed percentage.

Fixed Rate Security means a Security that provides for the payment of interest at a fixed rate (excluding interest payable pursuant to Section 6.02 or 4.02).

Fixed Rate Security means any Collateral Debt Security other than a Floating Rate Security.

Fixed Rate Security means an Interest Bearing Security in respect of which the relevant Pricing Supplement specifies that the rate of interest applicable thereto is to be a fixed rate.

Fixed Rate Security means a Security that bears interest at a fixed rate specified in the relevant Pricing Supplement.