T-Bill Rate definition
Examples of T-Bill Rate in a sentence
The State shall determine a composite interest factor (CIF) for the program by multiplying the interest rate, as set forth in 31 CFR 205.19(b) by the quotient of CAR days divided by 365: CIF = (T-Bill Rate) x (CAR days/365) Interest Payable.
For this purpose, the Company will use the lower of the U.S. Government T-Bill Rate or 5% and a mortality ▇▇ble in general use at the time of the Executive's death.
In the event that the results of the auctions of 91-day Treasury Bills (or comparable obligation) cease to be published or reported as provided above, or that no such auction is held in a particular week, then the "T-Bill Rate" in effect as a result of the last such publication or r▇▇▇▇t shall remain in effect until such time, if any, as the results of auctions of 91-day Treasury shall again be so published or reported or such auction is held, as the case may be.
Any amounts the payment of which is so deferred will bear interest, compounded annually and calculated at a rate equal to the T-Bill Rate (as defined in the O▇▇▇▇n Plan) plus 50 basis points per annum from the closing date for the SMC Sale and will be paid (with interest) promptly after, and to the extent that, the Communications Board determines that the limitations and restrictions referred to in the previous sentence no longer restrict such payment.
A balance credit equal to 75% of the average demand deposit account balance in the custodian account for the month billed times the 30 day T-Bill Rate on the last Monday of the month billed, will be applied against the month's custodian ▇▇▇▇.