Implied Interest Rate definition

Implied Interest Rate a rate of 9% per annum, compounded annually, on the basis of a 360-day year consisting of 12 30-day months.
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Implied Interest Rate means, as of a given date, an interest rate equal to the greatest of (a) the then-current yield to maturity of the ten-year United States Treasury obligations as of such date plus two and one-half percent (2.50%), (b) six and three-quarters percent (6.75%), or (c) the Interest Rate as of such date.
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Implied Interest Rate with respect to any lease, the interest rate implicit in the lease as defined in Financial Accounting Standard Board Statement of Standards Number 13.
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Examples of Implied Interest Rate in a sentence

  • Payment of Dividends From Implied Interest Rate DifferentialsFor Distributing (R) Shares (Class 8), any dividends payable may include interest rate differentials arising from share class currency hedging gains/losses which may increase/decrease dividends paid.

  • Implied Interest Rate (IIR) is calculated as: ⎛ F0 ⎞ln⎜ ⎟S − IIIR = ⎝ 0 ⎠T 1.1.6 Annual CompoundingTheoretical prices and implied interest rate for forwards/futures, the underlying assets of which have known cash income (i.e. the asset will provide a perfectly predictable cash income, such as: stocks paying known dividends, coupon-bearing bonds, etc.) with a risk-free interest rate compounded annually, are calculated as follows (refer to chapter 3 of: John C.

  • Implied Interest Rate Skew, Term Premiums, and the “Conundrum” J.

  • Given the Implied Interest Rate is lower than (a) the one-year LPR of 3.85% published by National Interbank Funding Center, a branch of China’s central bank; and (b) the annual interest rates of the Group’s short-term borrowings in the range of 3.80% to 5.22% as at 31 December 2020 (the “Internal Borrowing Rates”) as disclosed in the 2020 Annual Report, we consider the Premium to be fair and reasonable.

  • Table 6: Real World Examples of RTO Pricing and Implied Interest Rate (APR)47 Item Source: MoneyCrashers 44.

  • The "Implied Interest Rate Differential" in respect of a Currency Pair and an Index Business Day, for a tenor equal to the Days to Expiry of the relevant Forward Contract, is determined by a process of linear interpolation using the Implied Interest Rate Differentials for the Standard Tenors that bracket the number of Days to Expiry of the relevant Forward Contract, in accordance with the formula set out below.

  • For these purposes, the Standard Tenors include a tenor of zero days (T=0) which is deemed to have an Implied Interest Rate Differential of zero.


More Definitions of Implied Interest Rate

Implied Interest Rate means, as of the date of determination, the greatest of (i) 5.50% per annum, (ii) the per annum interest rate on a Eurodollar Loan with an Interest Period of one (1) month (including the Applicable Margin) and (iii) the 10-year Treasury Rate plus 2.50%.
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Implied Interest Rate the interest rate that is the greater of (i) Six and 50/100 percent (6.50)% per annum, (ii) the then current Interest Rate, or (iii) the sum of Two and 50/100 percent (2.50)% per annum plus the rate (as reasonably estimated by Agent on the Acquisition Date) of the then current rate for seven (7) year notes of the United States Treasury.
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Implied Interest Rate the interest rate that is the greater of (i) Seven and No/100 percent (7.00)% per annum or (ii) the rate (as reasonably estimated by Agent on the Acquisition Date, the methodology and calculation of which will be provided to Borrower upon request from time to time) to be the current interest rate required by the secondary market to finance an asset similar to an Eligible Facility, or as the context may require, the Eligible Facilities.
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Related to Implied Interest Rate

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Stated Interest Rate “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its "prime rate." If a Citibank, N.A. prime rate is not available, the applicable prime rate shall be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid. "Contract Price" means the applicable price, expressed in $/MWh for Net Output and Capacity Rights stated in Section 5.1.

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Adjusted Interest Rate means, with respect to any Reset Transaction, the rate per annum that is the arithmetic average of the rates quoted by two Reference Dealers selected by the Company or its successor as the rate at which interest on the Securities should accrue so that the fair market value, expressed in dollars, of a Security immediately after the later of:

  • Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Mortgage Interest Rate For any Mortgage Loan, the per annum rate at which interest accrues on such Mortgage Loan pursuant to the terms of the related Mortgage Note.

  • Delayed Payment Interest Rate means the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive’s separation from service.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-1 Interest Rate means 0.19000% per annum (computed on the basis of the actual number of days in the related Interest Accrual Period divided by 360).

  • Class E Interest Rate means 4.99% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class B Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Component Interest Rate Not applicable.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.