Reference Bonds definition

Reference Bonds means, as at the Reference Date, the then current on-the-run government securities that would be utilised in pricing new issues of corporate debt securities denominated in the same currency as the Notes, as determined by the Financial Adviser.
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Reference Bonds means the security or securities specified as such in the applicable Final Terms or, if no such securities are so specified, the security or securities, as selected by the Calculation Agent, that would be utilized, as of the Reinvestment Rate Determination Date and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.
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Reference Bonds means, with respect to any Optional Redemption Date, the security or securities specified as such in the applicable Pricing Terms or, if no such securities are so specified, the security or securities, as selected by the
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Examples of Reference Bonds in a sentence

  • Reference Securities: Scheduled U.S. dollar denominated issues of Debt Securities in large principal amounts, which may be either Reference Bonds or Reference Notes.

  • The Debt Securities may be issued as Reference Securities, which includes Reference Notes and Reference Bonds, or may be issued as any other Debt Securities denominated in U.S. dollars or other currencies, with maturities of one day or longer and may be in the form of Notes or Bonds or otherwise.

  • Reference Securities: Scheduled U.S. dollar denominated issues of Debt Securities in large principal amounts, which may be either Callable Reference Notes, Reference Bonds or Reference Notes.

  • The Debt Securities may be issued as Reference Securities, which includes Callable Reference Notes, Reference Notes and Reference Bonds, or may be issued as any other Debt Securities, denominated in U.S. dollars or other currencies, with maturities of one day or longer and may be in the form of Notes or Bonds or otherwise.

  • The Global Issuer and the Americas Issuer may also issue (i) Bond Linked Notes where the amount(s) of principal and/or interest payable are determined by reference to the performance of one or more Reference Bonds and (ii) Loan Linked Notes where the amount(s) of principal and/or interest payable are determined by reference to the performance of one or more Reference Loans.

  • The Debt Securities may be issued as Reference Securities, which includes Callable Reference Notes, Reference Notes, Reference Bonds, εReference Notes and εReference Bonds, or may be issued as any other Debt Securities, denominated in U.S. dollars or other currencies, with maturities of one day or longer and may be in the form of Notes or Bonds or otherwise.

  • The Debt Securities may be issued as Reference Securities, which includes Callable Reference Notes, Reference Notes and Reference Bonds, or may be issued as any other Debt Securities with maturities of one day or longer and may be in the form of Notes or Bonds or otherwise.

  • Such notice shall include a detailed description of any such Amendment Event, shall identify the nature of any such Repayment Event and the principal amount of the Reference Bonds being paid and contain details of any Conversion Event or Redemption Event.

  • Notwithstanding any right of Party B to reissue or resell the Reference Bonds, Party A has no obligation to increase or otherwise take into consideration any such reissued or resold Reference Bonds in respect of the Notional Amount.

  • The New Bond Linked Note is linked to three Reference Bonds, namely, US$10,000,000 (face value) notes issued by Guangxi Financial Investment Group Co., Ltd (廣西金融投資集團有限公司) (“GX Notes”); US$10,000,000 (face value) notes issued by New Metro Global Limited (新城環球有限公司) (“New Metro Notes”); and US$10,000,000 notes (face value) issued by Logan Property Holdings Company Limited (龍光地產控股有限公司) (“Logan Notes”).


More Definitions of Reference Bonds

Reference Bonds means Reference Bond 1 and Reference Bond 2.
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Reference Bonds means each of the C8 Notes and the C10 Notes.
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Reference Bonds shall be: as two (2) fixed rate US Treasury government bonds, the duration of which is closest to that of the Remaining Duration (having one with a longer average life and one with a shorter average life: a & b as defined below). For the purposes hereof, the weighted average gross yield to maturity for each series of bonds, shall be calculated in accordance with the following formula: YTMa + (YTMb - YTMa) * (Dd – Da)/ (Db – Da) Where:
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Related to Reference Bonds

  • 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 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 Rate means, with respect to any date of redemption, the rate per annum equal to the annual or semi-annual yield (as the case may be) to maturity or interpolated yield to maturity (on the relevant day count basis) of the Reference Bond, assuming a price for the Reference Bond (expressed as a percentage of its nominal amount) equal to the Reference Bond Price for such date of redemption;

  • 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;

  • Floating Rate Notes means the Class A-2b Notes.

  • Reset Reference Banks means the principal office in the principal financial centre of the Specified Currency of five major banks in the swap, money, securities or other market most closely connected with the relevant Mid-Swap Rate as selected by the Calculation Agent in its discretion after consultation with the Issuer;