Examples of LIBOR Reference Rate in a sentence
Fluctuations in the level of the LIBOR Reference Rate make the Medium-Term Notes’ interest rates difficult to predict and can result in actual interest rates to investors that are lower than anticipated.
No assurance can be given that the LIBOR Reference Rate will be within the LIBOR Range on any day of any Interest Payment Period during the term of the Medium-Term Notes.
The level of the LIBOR Reference Rate will depend on a number of interrelated factors, including economic, financial and political events, over which Freddie Mac has no control.
Investors should consider the risk that the LIBOR Reference Rate, determined on a daily basis, may fall outside the LIBOR Range on one or more days during the applicable Interest Payment Period, in which event no interest will accrue for the related days during the Interest Payment Period.
Interest Accrual: Interest will accrue on the Medium-Term Notes on each day during an InterestPayment Period on which the LIBOR Reference Rate is within the LIBOR Range.