RFR Banking Day definition
Examples of RFR Banking Day in a sentence
Periods capable of selection as Interest Periods (paragraph (b) of Clause 11.1 (Selection of Interest Periods)): Three Months Term SOFR is fixed Quotation Day Interpolated Term SOFR is used as a fallback (Clause 12.1(a) (Unavailability of Term SOFR)) 5:00 p.m. (New York City time) Shortened Interest Period for Term SOFR is used as a fallback (Clause 12.1(b) (Unavailability of Term SOFR)) 5:00 p.m. (New York City time) Additional Business Days: An RFR Banking Day Break Costs: None specified.
Periods capable of selection as Interest Periods (paragraph (b) of Clause 11.1 (Selection of Interest Periods)): Three Months Additional Business Days: An RFR Banking Day Break Costs: None specified.
Five RFR Banking Days (ending on an RFR Banking Day) or one Month.
In relation to the Central Bank Rate prevailing at close of business on any RFR Banking Day, the 20 per cent.