Screen Rate Determination definition

Screen Rate Determination is specified in the relevant Final Terms as the manner in which the Interest Rate is to be determined and the Reference Rate is specified in the relevant Final Terms as being “Compounded Daily XXXXX”, the Interest Rate for a XXXXX Interest Accrual Period (as defined below) will, subject as provided below, be the Compounded Daily XXXXX Formula Rate with respect to such XXXXX Interest Accrual Period plus or minus (as indicated in the relevant Final Terms) the Margin (if any). In these Conditions:
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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;
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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.
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Examples of Screen Rate Determination in a sentence

  • The Rate of Interest in respect of Floating Rate Notes for each Interest Accrual Period shall be determined in the manner specified hereon and the provisions below relating to either ISDA Determination or Screen Rate Determination shall apply, depending upon which is specified hereon.

  • Designated Maturity means, in relation to Screen Rate Determination, the period of time designated in the Reference Rate.

  • Where Screen Rate Determination applies to the calculation of interest, the applicable Final Terms will also specify the applicable Reference Rate, Interest Determination Date(s) and Relevant Screen Page.

  • In particular, the applicable Final Terms will identify any Specified Interest Payment Dates, any Specified Period, the Interest Commencement Date, the Business Day Convention, any Additional Business Centres, whether ISDA Determination or Screen Rate Determination applies to the calculation of interest, the party who will calculate the amount of interest due if it is not the Agent, the Margin, any maximum or minimum interest rates and the Day Count Fraction.

  • The Rate of Interest in respect of Floating Rate Notes for each Interest Accrual Period shall be determined in the manner specified in the applicable Final Terms and the provisions below relating to either ISDA Determination or Screen Rate Determination shall apply, depending upon which is specified in the applicable Final Terms.


More Definitions of Screen Rate Determination

Screen Rate Determination means the manner in which the Rate of Interest is to be determined contained in Condition 6(b)(iii).
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Screen Rate Determination has the meaning specified in the applicable Final Terms or Pricing Supplement;
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Screen Rate Determination has, in relation to any Series of Covered Bonds, the meaning ascribed thereto in the applicable Final Terms.
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Screen Rate Determination and “Overnight Rate” to be ‘Applicable’; (2) “Compounded Daily SOFR” as the Reference Rate; and (2) “Index Determination” to be ‘Applicable’.
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Screen Rate Determination is specified in the applicable Final Terms Document or Pricing Supplement as the manner in which the Rate of Interest is to be determined and the Reference Rate in respect of the relevant Series of Floating Rate Covered Bonds is specified in the applicable Final Terms Document or Pricing Supplement as being SOFR, the Rate of Interest for each Interest Period will, subject as provided below, be Compounded SOFR plus or minus (as indicated in the applicable Final Terms Document or Pricing Supplement) the Margin.
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Screen Rate Determination means, in relation to a Tranche of Floating Rate Notes (where applicable), the manner (set out in Condition 8.2.5 as read with the Applicable Pricing Supplement) in which the Interest Rate applicable to that Tranche is to be determined;
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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).
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