Floating Rate Bond definition

Floating Rate Bond means a Bond on which interest is calculated at a floating rate, payable in arrears on one or more Payment Dates in each year, as indicated in the applicable Final Terms.

Floating Rate Bond means a Bond on which interest is calculated at a floating rate payable in arrears in respect of such period or on such date(s) as may be agreed between the Issuer and the relevant Dealer(s) (as indicated in the applicable Final Terms).

Floating Rate Bond means a Bond bearing interest at a margin over the Base Rate.

Examples of Floating Rate Bond in a sentence

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

• Where the maturity of this Bond is extended in accordance with Condition 5.2, this Bond may be a Fixed Rate Bond or a Floating Rate Bond, in respect of the period from the Maturity Date up to and including the Final Extended Maturity Date, as specified in the applicable Final Terms.

• Upon the date on which any Floating Rate Bond or Long Maturity Bond in definitive form becomes due and repayable, unmatured Coupons and Talons (if any) relating thereto (whether or not attached) shall become void and no payment or, as the case may be, exchange for further Coupons shall be made in respect thereof.

More Definitions of Floating Rate Bond

Floating Rate Bond means a Bond bearing interest at a Floating Rate, as specified in the Summary of Terms for such Bond.

Floating Rate Bond means a Bond bearing interest at a margin over the Base Rate. “FMA” means the Financial Markets Authority.

Floating Rate Bond means a 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;