Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;
Mid-Swap Floating Leg Benchmark Rate means EURIBOR if the Specified Currency is euro or LIBOR for the Specified Currency if the Specified Currency is not euro;
Examples of Mid-Swap Floating Leg Benchmark Rate in a sentence
Interest rates and indices which are deemed to be “benchmarks” (such as, in the case of Floating Rate Instruments, a Reference Rate or, in the case of Reset Rate Instruments, a Mid-Swap Floating Leg Benchmark Rate) are the subject of recent national and international regulatory guidance and proposals for reform.
More Definitions of Mid-Swap Floating Leg Benchmark Rate
Mid-Swap Floating Leg Benchmark Rate means either (i) the Reference Rate specified in the applicable Final Terms or (ii) if no such Reference Rate is specified, either EURIBOR if the Specified Currency is euro or LIBOR for the Specified Currency if the Specified Currency is not euro;
Mid-Swap Floating Leg Benchmark Rate means either (i) the Reference Rate specified in the applicable Final Terms or (ii) if no such Reference Rate is specified, and the Specified Currency is euro, EURIBOR;
Mid-Swap Floating Leg Benchmark Rate means EURIBOR if the Relevant Currency is euro or LIBOR for the Relevant Currency if the Relevant Currency is not euro;
Mid-Swap Floating Leg Benchmark Rate means EURIBOR if the Specified Currency is euro or any other rate specified in the Final Terms.
Mid-Swap Floating Leg Benchmark Rate means either (i) the Reference Rate specified in the relevant Final Terms or (ii) if no such Reference Rate is specified, EURIBOR if the Specified Currency is euro;
Mid-Swap Floating Leg Benchmark Rate means (subject to Condition 5(i), if applicable) the reference rate specified as such in the applicable Final Terms or, if no such reference rate is so specified:
Mid-Swap Floating Leg Benchmark Rate means EURIBOR if the Specified Currency is euro or LIBOR for the Specified Currency if the Specified Currency is not euro or the Reference Rate as specified in the relevant Final Terms;