Quoted Eurobond definition

Quoted Eurobond means a quoted Eurobond within the meaning of section 64 of the Taxes Act;
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Quoted Eurobond means any security that—
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Quoted Eurobond means a security which—
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Examples of Quoted Eurobond in a sentence

  • Interest on any Note which is an Exempted Quoted Eurobond realised or collected by an agent in Ireland on behalf of a holder will generally be subject to a withholding at the standard rate of income tax (currently 20 per cent.).

  • A Quoted Eurobond is defined as a security which: • is issued by a company;• is quoted on a recognised stock exchange; and• carries a right to interest.GEM is a ‘‘recognised stock exchange’’ for the purposes of the Quoted Eurobond exemption.

  • There is also an exemption where interest is paid on a Quoted Eurobond.

  • TISE is a ‘Recognised Stock Exchange’ (UK & Irish Quoted Eurobond Exemption), ‘Designated Offshore Securities Market’ (US SEC), ‘Approved Stock Exchange’ (German BaFin) and holds industry memberships of AFME, ICMA, IOSCO and the UN SSE.

  • Given other ongoing projects where this issue is relevant, the government does not consider that it can make an exception from withholding tax for ILS.This will not be a problem where investors are based in the UK or other countries where a tax treaty allowing full withholding tax relief applies, or where the Quoted Eurobond Exemption applies, or where the recently introduced private placement exception applies.

  • TISE is a ‘recognised stock exchange’ for the purposes of the Quoted Eurobond Exemption as applicable in both the UK and Ireland, and we are also recognised by the US Securities and Exchange Commission (US SEC), the Australian Securities Exchange (ASX) and German regulator BaFin.

  • This exemption does not apply if the interest is paid to a company in connection with a trade or business which is carried on in Ireland by the company through a branch or agency.Apart from Section 246, Section 64 TCA 1997 ("Section 64") provides for the payment of interest on a "Quoted Eurobond" without deduction of tax in certain circumstances.

  • A Quoted Eurobond is defined as a security which: • is issued by a company;• is quoted on a recognized stock exchange; and• carries a right to interest.GEM is a ‘‘recognized stock exchange’’ for the purposes of the Quoted Eurobond exemption.

  • In certain circumstances, Irish tax will be required to be withheld at the standard rate frominterest on any Quoted Eurobond, where such amount is collected by a bank in Ireland on behalf of any Security Holder who is resident in Ireland.

  • For example, listing loan notes from the AHC on a recognised exchange ensures that the interest payments are exempt from UK WHT under the Quoted Eurobond Exemption is an established and sanctioned route, however, the upfront listing costs (starting at around £25k per loan), as well as annual compliance costs is simply unattractive from an economic standpoint given alternatives in Luxembourg and the Netherlands incur no such costs.

Related to Quoted Eurobond

  • Telerate British Bankers Assoc. Interest Settlement Rates Page means the display designated as Page 3750 on the Telerate System Incorporated Service (or such other page as may replace such page on such service for the purpose of displaying the rates at which dollar deposits are offered by leading banks in the London interbank deposit market).

  • Designated Eurodollar Market means, with respect to any Eurodollar Rate Loan, the London Eurodollar Market.

  • Reference Bond Price means, with respect to any date of redemption, (a) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (b) if the Determination Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations;

  • Reference Bond means for any Reset Period a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer on the advice of an investment bank of international repute as having an actual or interpolated maturity comparable with the relevant Reset Period that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the same currency as the Notes and of a comparable maturity to the relevant Reset Period.

  • Reference Bond Dealer means each of five banks which are primary government securities dealers or market makers in pricing corporate bond issuances, as selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Eurozone means the countries and territories listed in the Annex of Council Regulation (EC) No. 974/98 of 3 May 1998 on the introduction of the Euro, in its current version.

  • Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

  • National Cost of Funds Index The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision.

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.

  • Canada Yield Price means an amount, calculated as at the date that is three Toronto Business Days prior to the Optional Redemption Date, equal to the net present value of all scheduled payments of interest (other than accrued and unpaid interest) and outstanding principal on the Notes to be redeemed from the Optional Redemption Date to the Par Call Period Commencement Date, using as a discount rate the Canada Yield, plus the Redemption Margin (if any);

  • CIBOR means the Copenhagen interbank offered rate;

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • STIBOR means the Stockholm inter-bank offered rate.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • HIBOR means the Hong Kong inter-bank offered rate.

  • Bloomberg Screen GCAN5YR Page means the display designated as page “GCAN5YR<INDEX>” on the Bloomberg Financial L.P. service (or such other page as may replace the GCAN5YR page on that service) for purposes of displaying Government of Canada bond yields.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Reset Reference Bank Rate means, in relation to a Reset Period and the Reset Determination Date in relation to such Reset Period, the percentage rate determined on the basis of the 5-year Mid-Swap Rate Quotations provided by the Reset Reference Banks to the Agent Bank at approximately 12:00 p.m. (London time) on such Reset Determination Date. If at least three quotations are provided, the Reset Reference Bank Rate will be the arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two quotations are provided, the Reset Reference Bank Rate will be the arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Bank Rate will be the quotation provided. If no quotations are provided, the Reset Reference Bank Rate for the relevant Reset Period will be (i) in the case of each Reset Period other than the Reset Period commencing on the First Reset Date, the 5-year Mid-Swap Rate in respect of the immediately preceding Reset Period or (ii) in the case of the Reset Period commencing on the First Reset Date, an amount equal to the Initial Interest Rate less the Margin;

  • LIBOR Auction means a solicitation of Money Market Quotes setting forth Money Market Margins based on the London Interbank Offered Rate pursuant to Section 2.3.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • ICE LIBOR has the meaning assigned to such term in the definition of “LIBO Rate”.

  • Reuters Screen US PRIME1 Page means the display designated as page “US PRIME1” on the Reuters Monitor Money Rates Service (or such other page as may replace the US PRIME1 page on that service for the purpose of displaying prime rates or base lending rates of major United States banks).

  • Financial Markets means international financial markets in which currency and other financial assets exchange rates are determined in multi-party trade.

  • Reuters Screen US PRIME 1 Page means the display on the “US PRIME 1” page on the Reuters 3000 Xtra service, or any successor service, or any replacement page or pages on that service, for the purpose of displaying prime rates or base lending rates of major U.S. banks.