NIBOR means the Norwegian interbank offered rate;
NIBOR means the Norwegian inter-bank offered rate;
NIBOR means the interest rate benchmark known as the Norwegian interbank offered rate.
Examples of NIBOR in a sentence
If the LPR for the corresponding maturity is not published by the NIBOR on the business day prior to the interest rate determination date, the LPR published by the NIBOR on the previous business day shall prevail, and so on.
If the loan term is more than 60 months, the pricing basis is the LPR for loans with a maturity of more than 5 years published by the NIBOR on the working day prior to the date of drawdown, and the number of floating points is plus (plus/minus) 40.000000 basis points.
More Definitions of NIBOR
NIBOR means the interest rate fixed for a defined period on Oslo Børs’ webpage at approximately 12.15 Oslo time or, on days on which Oslo Børs has shorter opening hours (New Year’s Eve and the Wednesday before Maundy Thursday), the data published at approximately 10.15 a.m. shall be used. In the event that such page is not available, has been removed or changed such that the quoted interest rate no longer represents, in the opinion of the Bond Trustee, a correct expression of the relevant interest rate, an alternative page or other electronic source which in the opinion of the Bond Trustee and the Issuer gives the same interest rate shall be used. If this is not possible, the Bond Trustee shall calculate the relevant interest rate based on comparable quotes from major banks in Oslo. If any such rate is below zero, NIBOR will be deemed to be zero.
NIBOR means the Oslo inter-bank offered rate.
NIBOR means in relation to any Loan or other sum in NOK:
NIBOR means the Norwegian interbank offered rate specified as such in the Final Terms. “Optional Redemption Amount” means
NIBOR means, in respect of Norwegian Kroner and for any specified period, the interest rate benchmark known as the Norwegian interbank offered rate;
NIBOR means that the rate for an interest period will be the rate for deposits in Norwegian Kroner for a period as defined under Bond Reference Rate which appears on the Reuters Screen NIBR Page as of 12.00 noon, Oslo time, on the day that is two Business Days preceding that Interest Payment Date. If such rate does not appear on the Reuters Screen NIBR Page, the rate for that Interest Payment Date will be determined as if the Bond Reference Rate is NIBOR Reference Rate as the applicable floating rate option.
NIBOR means that the rate for an interest period will be the rate for deposits in Norwegian Kroner for a period as defined under Bond Reference Rate which appears on the Reuters Screen NIBR Page as of 12.00 noon, Oslo time, on the day that is two Business Days preceding that Interest Payment Date. If such rate does not appear on the Reuters Screen NIBR Page, the rate for that Interest Payment Date will be determined as if the Bond Reference Rate is 3 months NIBOR Reference Rate as the applicable floating rate option.