Examples of Range Accrual Note in a sentence
This Note is a Fixed Rate Note, a Fixed Rate Note with a Step-Up, a Floating Rate Note, a Zero Coupon Note or a Range Accrual Note or any appropriate combination thereof, depending upon the Interest Basis specified in the applicable Final Terms.
Where pursuant to Condition 4(e) (Range Accrual Note Provisions), the amount of interest payable on Range Accrual Notes on any Interest Payment Date is to be determined and paid in accordance with this Condition 4(b) (Interest on Fixed Rate Notes), such determination and payment will be subject to and may be adjusted in accordance with the provisions of Condition 4(e) (Range Accrual Note Provisions).
This Note is a Fixed Rate Note, a Floating Rate Note, a Zero Coupon Note, an Inverse Floating Rate Note, a Range Accrual Note, an Instalment Note, or a combination of any of the foregoing or may be an NZ Subordinated Note or any other relevant type of Note (as permitted by these Conditions), depending upon the Interest Basis or Redemption/Payment Basis or, in the case of an NZ Subordinated Note, depending on whether "NZ Subordinated Notes" is specified as applicable in the Final Terms.
Unless previously redeemed or purchased and cancelled as specified below, each Note (including each Index Linked Redemption Note, Dual Currency Redemption Note and Range Accrual Note but excluding each Target Redemption Note) will be redeemed by the Issuer at its Final Redemption Amount specified in, or determined in the manner specified in, the applicable Final Terms in the relevant Specified Currency on the Maturity Date.
If the applicable Final Terms specify "Range Accrual Note Provisions" as "Applicable", Condition 4(b) (Interest on Fixed Rate Notes) shall apply to the calculation of interest amounts on the Notes, and for such purposes the "Rate of Interest" shall be the Relevant Range Accrual Rate.
Each Floating-Rate Note, Range Accrual Note and Inverse Floating-Rate Note bears interest on its outstanding nominal amount from (and including) the Interest Commencement Date specified in the applicable Final Terms.
Range Accrual Note Provisions: 29 November in each year from, and including, 29 November 2021 to, and including, 29 November 2038 adjusted in accordance with Modified Following Business Day Convention 29 November in each year from, and including, 29 November 2021 to, and including, 29 November 2038 not adjusted Calculation Agent Not Applicable V.
The amount of interest for a Range Accrual Note or a Spread Note and, in either case, an interest period may be zero.
We can derive the generalized pricing formula of the vulnerable range accrual note (denoted as Note ) as follows: Figure 4: The Observation Date and Payment Date of the Range Accrual Note PossT 0T (1) T (2)T (n)This figure illustrates that the observation dates for determination of the coupon payment and the payment date of the coupon.
The available-for-sale financial asset #1 relates to a SGD 1,000,000 investment in Barclays 5Y 100% PP Callable Daily Range Accrual Note with capital-protected nature on Singapore banks.