GBP WMBA SONIA Compound Rate definition
GBP WMBA SONIA Compound Rate means, in respect of an Extension Period, the rate of return of a daily compound interest investment (it being understood that the reference rate for the calculation of interest is the daily overnight reference rate for the lawful currency of the United Kingdom) calculated in accordance with the formula set forth below and rounded to the nearest one ten- thousandth of a percentage point: