Screen Rate Determination definition

Screen Rate Determination is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined and the Reference Rate specified in the applicable Final Terms is not XXXXX or SOFR, the Rate of Interest for each Interest Period will, subject as provided below, be either:

Screen Rate Determination means determination of the interest rate for Floating Rate Notes by reference to the relevant screen page for the applicable reference rate, as specified in the applicable Supplement.

Screen Rate Determination means the manner in which the Rate of Interest is to be determined contained in Condition 6(b)(iii).

Examples of Screen Rate Determination in a sentence

• Where the Screen Rate Determination is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined, and the Reference Rate is specified in the applicable Final Terms as being €STR, then the Rate of Interest for each Interest Period will, subject as provided below, be Compounded Daily €STR plus or minus the Margin (as indicated in the applicable Final Terms or Pricing Supplement) as determined by the Calculation Agent.

• In the case of Exempt Notes which are also Floating Rate Notes where the applicable Pricing Supplement identifies that Screen Rate Determination or CMS Rate Determination applies to the calculation of interest, if the Reference Rate from time to time is specified in the applicable Pricing Supplement as being other than EURIBOR or CMS Reference Rate, the Rate of Interest in respect of such Exempt Notes will be determined as provided in the applicable Pricing Supplement.

More Definitions of Screen Rate Determination

Screen Rate Determination means, if specified as applicable in the applicable Final Terms or Pricing Supplement, the manner in which the Rate of Interest on Floating Rate Covered Bonds will be determined in accordance with Condition 5.03 (Interest on Floating Rate Covered Bonds) of the Conditions;

Screen Rate Determination has the meaning specified in the applicable Final Terms or Pricing Supplement;

Screen Rate Determination has, in relation to any Series of Covered Bonds, the meaning ascribed thereto in the applicable Final Terms.

Screen Rate Determination and “Overnight Rate” to be ‘Applicable’; (2) “Compounded Daily SOFR” as the Reference Rate; and (2) “Index Determination” to be ‘Applicable’.

Screen Rate Determination is specified in the applicable Final Terms or Pricing Supplement for a Tranche as the manner in which the Interest Rate for such Tranche is to be determined, the Reference Rate is specified in the applicable Final Terms or Pricing Supplement as being SOFR and the Calculation Method is specified in the applicable Final Terms or Pricing Supplement as being “Compounded SOFR with Payment Delay,” then the Interest Rate for each Interest Period shall be Compounded SOFR, as defined immediately below, plus or minus (as indicated in the applicable Final Terms or Pricing Supplement) the Margin.

Screen Rate Determination means, in relation to a Tranche of Floating Rate Notes (where applicable), the manner (set out in Condition 8.2.3 as read with the Applicable Pricing Supplement) in which the Floating Interest Rate applicable to that Tranche is to be determined;

Screen Rate Determination means the manner in which the Rate of Interest is to be determined by reference to Conditions 5(b)(iii)(B), 5(b)(iii)(C), 5(b)(iii)(D), 5(b)(iii)(E), 5(b)(iii)(F) and 5(b)(iii)(G).