Examples of Initial FX Rate in a sentence
Reference Obligation (RO)In respect of any addition of a RO, the ISIN, Effective Date, Reference Entity, RO Currency, Initial Notional Amount, Initial IA Percentage, Initial Factor, Initial FX Rate and Initial Price will be specified in Appendix 1.
GSI Exchange Amount On the Effective Date with respect to a Transaction relating to an RO, GSI shall pay to Counterparty an amount in USD with respect to such RO equal to its Initial Notional Amount multiplied by its Offered Price divided by its Initial FX Rate.
These comments generally requested the rule for provision to participants and beneficiaries mirror the rule for provision to plans, and suggested this change would reduce costs and burdens associated with delivery.
If the Final FX Rate is lower than the Initial FX Rate, this represents a decrease in the value of the US dollar versus the Swedish Krona and the investors will receive a lower redemption amount.
If the Final FX Rate is higher than the Initial FX Rate, this represents an increase in the value of the US dollar versus the Swedish Krona and the investors will receive a higher redemption amount.