Examples of ICE LIBOR in a sentence
The Index reflects the return of the selected portfolio in excess of the ICE LIBOR USD 3 Month interest rate, and is subject to an index fee of 0.85% per annum, deducted daily.
LIBOR interest rates (ICE LIBOR) are administered by ICE Benchmark Administration Limited (IBA) and determined on each business day at 11 am (London time).
Every ICE LIBOR rate is calcu- lated using a trimmed arithmetic mean.
The Reference Rate is observed on every Business Day and shall be equal to the ICE LIBOR USD Overnight Rate (Bloomberg page: US00O/N Index) (the"Relevant Screen Page"), which for the avoidance of doubt may be negative from time to time.
The Building Term Note bears interest at a variable rate equal to the one month ICE LIBOR index plus a margin of 2.45% per annum.