Examples of Interest Rate Spread in a sentence
An Interest Rate Spread is added to the Reference Rate average, and the sum is multiplied by 365/360 (Coupon Interest = 365/360*(Reference Rate average + Interest Rate Spread)).
The Coupon Interest of floating-rate Bonds is calculated for each Payment Period in relation to the stated Reference Rate plus an Interest Rate Spread as set out in the Final Bond Terms.
Nykredit may decide that the Interest Rate Spread only applies until the next following Interest Rate Reset.
In connection with the opening of an ISIN, Nykredit fixes the Coupon Interest for the period up to the first Interest Rate Reset and the size of the Interest Rate Spread, if any, applicable throughout the maturity of the Bonds in the Final Bond Terms.
The Issuer may decide that the Interest Rate Spread only applies until the next following Interest Rate Reset.