TARGET banking day means a day on which the TARGET (the Trans-European Automated Real Time Gross Settlement Express Transfer) payment system is open for payments in euro.
TARGET banking day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Brussels, Belgium.
TARGET banking day means any day on which TARGET2 is open for the settlement of pay- ments in EUR.
Examples of TARGET banking day in a sentence
The rate is computed by the "Wholesale Markets Brokers Association” and published on the REUTERS SONIA= page relating thereto page on the next TARGET banking day following the date of the transactions used for its calculation.
More Definitions of TARGET banking day
TARGET banking day means any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system is open for settlement of payments in Euros.
TARGET banking day means a day on which the TARGET (the Trans-European
TARGET banking day means any day on which TARGET2 (the Trans-European Automated Real-time Gross Settlement Express Transfer system) (or any successor or replacement transfer system, as determined by the Issuer) is open for the settlement of payments in Euro.
TARGET banking day means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in Brussels, Belgium. Interest Period The period from and including the Interest Commencement Datefor the Secured Notes to but excluding the first Interest Payment Date for the Secured Notes, and each successive period from and including the first day following the end of the preceding Interest Period to but excluding the following Interest Payment Date until the principal of the Secured Notes is paid or made available for payment. Interest period may be adjusted or unadjusted. Day Count Fraction (i) If “Actual/360” is specified in the applicable Final Terms,the actual number of days in the Interest Period divided by 360. (ii) If “Actual/365” is specified in the applicable Final Terms, the actual number of days in the Interest Period divided by 365. (iii) If “30/360” is specified in the applicable Final Terms, the number of days in the Interest Period in respect of which payment is being made divided by 360, calculated on a formula basis as follows: Day Count Fraction = [360 × (Y2 – Y1)] + [30 × (M2 – M1)] + [D2 – D1] 360where:
TARGET banking day means a day on which the TARGET (Trans-European Auto- mated Real-time Gross settlement Express Transfer) payment system is open for payments in euro.
TARGET banking day means a day (other than a Saturday or a Sunday) on which TARGET is open;
TARGET banking day means a day (other than a Saturday or Sunday) on which T2 is open for settlements in euro.