STIBOR definition
Examples of STIBOR in a sentence
The Fund is a special fund, known as a hedge fund, and has as its goal to achieve, with a good spread of risk, a development in value that exceeds the risk free interest rate, here defined as the STIBOR 30-day rate.
As stated in Section 7 below, upon conversion the right to receive interest will fall off as from the previous interest maturity date.The interest rate is settled for each interest period and shall amount to STIBOR plus 2.25%.The Company hereby assumes the loan note and undertakes to make payments in accordance with the conditions stated herein.
The performance related management fee may be equal to a maximum of 20% of the total return that exceeds the reference interest rate, 30-day STIBOR.
The new bond has a floating rate coupon of 3 months STIBOR +3.3% and will mature on 17 April 2019, with a first call option on 17 April 2018.
The bonds have a maturity of 5 years and carry a floating interest rate of 3 months STIBOR plus 500 basis points and are due for payment on February 10, 2026.