Index Ratio definition

Index Ratio means the Final Index Price divided by the Initial Index Price.

Index Ratio applicable to any date means the Index Level applicable to the relevant Index Determination Date divided by the Base Index Level and rounded to the nearest fifth decimal place, 0.000005 being rounded upwards; and

Index Ratio has the meaning set forth in Section 7.01(i).

Examples of Index Ratio in a sentence

• On the fifth Business Day before each Interest Payment Date (an Interest Determination Date) the Calculation Agent will calculate the Inflation Index Ratio.

• The HICP Linked Interest applicable from time to time for each Interest Period (as specified in the relevant Final Terms) will be equal to the rate per annum specified in the relevant Final Terms multiplied by the Inflation Index Ratio (as defined above).

• On the fifth Business Day before each Interest Payment Date (an " Interest Determination Date") the Calculation Agent will calculate the Inflation Index Ratio.

• The numerator of the Index Ratio, the Ref CPIDate, is the index number applicable for a specific day.

• The CPI Linked Interest applicable from time to time for each Interest Period (as specified in the relevant Final Terms) will be equal to the rate per annum specified in the relevant Final Terms multiplied by the Inflation Index Ratio (as defined above).

More Definitions of Index Ratio

Index Ratio has the meaning set forth in Section 8.01(g).

Index Ratio applicable to any month or date, as the case may be, means the Index Figure applicable to such month or date, as the case may be, divided by the Base Index Figure and rounded to the nearest fifth decimal place;

Index Ratio applicable to any month means the Index Figure applicable to such month divided by the Base Index Figure.

Index Ratio shall have the meaning set forth in Section 10.1(i).

Index Ratio has the meaning set forth in Section 9.01(i)(ii)

Index Ratio has the meaning set forth in Section 9.01(h).

Index Ratio means the quotient of (a) the Index Price on the Determination Date, divided by (b) the Initial Index Price.