Range Accrual Reference Rate definition

Range Accrual Reference Rate means such reference rate as specified in the Applicable Final Terms, whereby such specified reference rate (i) which is a Fixed Rate Range Accrual Note or a Floating Rate Range Accrual shall be determined according to Condition 5(c)(iii)(A) or (B), whichever is so specified in the applicable Final Terms, or (ii) which is a CMS Range Accrual Note shall be determined according to Condition 5(c).
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Range Accrual Reference Rate means each of Range Accrual Reference Rate 1 and Range Accrual Reference Rate 2.
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Range Accrual Reference Rate means (i) LIBOR, (ii) EURIBOR, (iii) CDOR, (iv) CNH HIBOR, (v) HIBOR or (vi) Constant Maturity Swap, as specified in the applicable Final Terms.
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Examples of Range Accrual Reference Rate in a sentence

  • Reservists and National Guard members who, at time of death, were entitled to retired pay under Chapter 1223, title 10, United States Code, or would have been entitled, but for being under the age of 60.

  • The fewer the number of days the Range Accrual Reference Rate falls in this range during the relevant Interest Period, the lower the relevant interest in respect of such Interest Period.

  • Feature (4): Range Accrual Securities with Interest Rate Threshold (short) If the Range Accrual Reference Rate rises, the market value of the Range Accrual Securities regularly falls.

  • Within a specified period before the respective Interest Payment Date (Frozen Period) however, the Range Accrual Reference Rate is the one determined on the first day of such period.

  • Risks in relation to the interest derived on Range Accrual Notes Investors should also note that the Coupon Amount payable in respect of Range Accrual Notes will depend on the frequency with which the Range Accrual Reference Rate falls between Lower Range and the Upper Range during the relevant Interest Period.

  • Feature (3): Range Accrual Securities with Interest Rate Threshold (long) If the Range Accrual Reference Rate rises, the market value of the Range Accrual Securities regularly rises.

  • On the other hand, if the Range Accrual Reference Rate moves away from the centre of the relevant Interest Rate Range, the market value of the Range Accrual Securities regularly falls.

  • With respect to the Number of Observation Dates in Range, one of the following options may be selected in the Final Terms: Feature (1): Range Accrual Securities with Interest Rate Range The Number of Observation Dates in Range means the number of Observation Dates within the respective Interest Period for which the Range Accrual Reference Rate (e.g. the 3M- EURIBOR) is within the specified Interest Rate Range.

  • Feature (3): Range Accrual Securities with Interest Rate Threshold (long) The Number of Observation Dates out of Range means the number of Observation Dates within the respective Interest Period for which the Range Accrual Reference Rate (e.g. the 3M-EURIBOR) is below the specified Interest Rate Threshold.

  • The first known experiences of the DPT date back to the 17th century in Europe and one of the first known registers is that of Goldmann in 1699 [2], where dynamic penetrometer is described as a method of hammering a rod with a conical tip where penetration per blow can be recorded to find differences in the soil stratigraphy.


More Definitions of Range Accrual Reference Rate

Range Accrual Reference Rate means the rate specified as such in the relevant Pricing Supplement which appears on the Relevant Screen Page at or around the Relevant Time on the relevant day during the Interest Period, provided, however, that (i) if the Range Accrual Reference Rate cannot be determined on any London business day during the Interest Period, the Range Accrual Reference Rate for such day shall be the Range Accrual Reference Rate as determined on the preceding London business day on which the Range Accrual Reference Rate could be determined, and (ii) if "Fixed Range Accrual Reference Rate" isspecified as applicable in the relevant Pricing Supplement, the Range Accrual Reference Rate for each London business day shall be the Range Accrual Reference Rate as determined on such relevant Interest Determination Date;
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Range Accrual Reference Rate means (i) SONIA, (ii) LIBOR, (iii) EURIBOR, (iv) SOFR,
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Range Accrual Reference Rate means (i) LIBOR, (ii) EURIBOR, (iii) CDOR, (iv) CNH HIBOR, (v) HIBOR or (vi) Constant Maturity Swap, as specified in the applicable Pricing Supplement.
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Range Accrual Reference Rate means, subject to Condition 4(m), (i) SONIA, (ii) EURIBOR,
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Range Accrual Reference Rate means (i) EURIBOR, (ii) SONIA, (iii) SOFR, (iv) €STR, (v) SARON, (vi) TONA, (vii) CNH HIBOR or (viii) a constant maturity swap rate specified in the relevant Final Terms.
Sample 1

Related to Range Accrual Reference Rate

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Reset Reference Rate means in respect of a Reset Period, the gross redemption yield (as calculated by the Agent Bank on the basis set out by the United Kingdom Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 5, Section One: Price/Yield Formulae “Conventional Gilts”; Double dated and Undated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date (published 8 June 1998, as amended or updated from time to time) or if such basis is no longer in customary market usage at such time, in accordance with generally accepted market practice at such time, on a semi-annual compounding basis (rounded up (if necessary) to four decimal places) of the Benchmark Gilt in respect of that Reset Period, with the price of the Benchmark Gilt for the purpose of determining the gross redemption yield being the arithmetic average (rounded up (if necessary) to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the bid and offered prices of such Benchmark Gilt quoted by the Reset Reference Banks at 11.00 a.m. (London time) on the Reset Determination Date in respect of such Reset Period on a dealing basis for settlement on the next following dealing day in London. Such quotations shall be obtained by or on behalf of the Issuer and provided to the Agent Bank. If at least four quotations are provided, the Reset Reference Rate will be determined by reference to the rounded 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 or three quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Rate will be determined by reference to the rounded quotation provided. If no quotations are provided, the Reset Reference Rate will be the previous Reset Reference Rate or (in the case of the first Reset Period) 1.581 per cent., where:

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • 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;

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.805 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.920 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.030 % 1.030 % BBB by Standard & Poor’s Baa2 by Moody’s 0.140 % 1.140 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • HICP Daily Inflation Reference Index means (A) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Replacement Reference Rate means a reference rate which is: