Treasury Bill Rate definition
Treasury Bill Rate means the 26-week Treasury Bill rate set at the first Treasury Bill auction held in January, April, July, and October, adjusted up to the nearest ¼%.
Treasury Bill Rate means, in respect of any Strategy Calculation Day, the 91-day discount rate for U.S. Treasury Bills, as reported by the U.S. Department of the Treasury's Treasury Direct service at http://www.treasurydirect.gov/instit/instit.htm?upcoming on the most recent weekly auction date falling on or prior to such Strategy Calculation Day.
Treasury Bill Rate means, for each dividend period, the arithmetic average of the two most recent weekly per annum market discount rates (or the one weekly per annum market discount rate, if only one such rate shall be published during the relevant Calendar Period) for three-month U.S. Treasury bills, as published weekly by the Federal Reserve Board during the Calendar Period immediately prior to the last ten calendar days of March, June, September or December, as the case may be, prior to the dividend period for which the dividend rate on the Series F Shares is being determined. Notwithstanding the foregoing:
Examples of Treasury Bill Rate in a sentence
Any liquidated damages not so deducted from any unpaid amounts due the Contractor shall be payable to the Owner at the demand of the Owner, together with interest from the date of the demand at a rate equal to the lower of the Treasury Bill Rate or the highest lawful rate of interest payable by the Contractor.
For funds withdrawn from the Federal Benefit Accounts in the Unemployment Trust Fund, the State's interest liability shall be based on the average daily balance of such funds, multiplied by the 13-week Treasury Bill Rate specified in 31 CFR Part 205.
Unless otherwise specified in this Note, the 91-Day Treasury Bill Rate will be subject to a lock-in period of six Business Days prior to each Interest Payment Date.
The "Effective Rate" for any Quarterly Period will be equal to the highest of the Treasury Bill Rate, the Ten Year Constant Maturity Rate and th▇ ▇hirty Year Constant Maturity Rate (each as defined below) for such Quarterly Period.
The Applicable Rate for any monthly distribution period shall be the highest of the Treasury Bill Rate, the Ten Year Constant Maturity Rate and the Twenty Year Co▇▇▇▇nt Maturity Rate (each as defined in the Preferred Stock Authorizing Resolution) plus 0.50% for such dividend period.
More Definitions of Treasury Bill Rate
Treasury Bill Rate on any date, means the interest equivalent of the ▇▇▇thmetic average of the two most recent weekly per annum market discount rates (or the one weekly per annum market discount rate, if only one such rate is published during the Calendar Period with respect to such date) for three-month U.S. Treasury bills, as published weekly by the Federal Reserve Board during the Calendar Period with respect to such date. In the event that the Federal Reserve Board does not publish such a weekly per annum market discount rate during such Calendar Period, then the Treasury Bill Rate for each date will be the arithmetic average of the ▇▇▇ most recent weekly per annum market discount rates (or the one weekly per annum market discount rate, if only one such rate is published during such Calendar Period) for three-month U.S. Treasury bills, as published weekly during such Calendar Period by any Federal Reserve Bank or by any U.S. Government department or agency selected by the Administrative Trustees. In the event that a per annum market discount rate for three-month U.S. Treasury bills is not published by the Federal Reserve Board or by any Federal Reserve Bank or by any U.S. Government department or agency during such Calendar Period, then the Treasury Bill Rate with respect to such date will be the arithmetic av▇▇▇▇e of the two most recent weekly per annum market discount rates (or the one weekly per annum market discount rate, if only one such rate is published during such Calendar Period) for all of the U.S. Treasury bills then having maturities of not less than 80 nor more than 100 days, as published during such Calendar Period by the Federal Reserve Board or, if the Federal Reserve Board shall not publish such rates, by any Federal Reserve Bank or by any U.S. Government department or agency selected by the Administrative Trustees. In the event that the Administrative Trustees determine in good faith that for any reason no such U.S. Treasury bill rates are published as provided above during such Calend▇▇ ▇eriod, then the Treasury Bill Rate for such date will be the arithmetic average of the ▇▇▇ annum market discount rates based upon the closing bids during such Calendar Period for each of the issues of marketable non-interest bearing U.S. Treasury securities with a maturity of not less than 80 nor more than 100 days from the date of each such quotation, as
Treasury Bill Rate means, with respect to any calendar month, a rate of interest, determined and adjusted monthly by the General Partner as of the fifth Business Day of each month, equal to the annual coupon equivalent yield on 13-week U.S. Treasury bills resulting from the most recent auction of such instruments prior to the monthly determination date.
Treasury Bill Rate means (i) the most recent rate of the yield on United States Treasury obligations adjusted to a constant maturity rate of -------- years reported by The Wall Street Journal in its table entitled “Key Interest Rates” (or otherwise if it stops publishing that table) two business days of the Holder prior to the Rate Adjustment Date or, if it does not so report such rate two business days of the Holder prior to the Rate Adjustment Date, the most recent day prior thereto that it so reported such rate or (ii) if The Wall Street Journal does not so report such rate, such rate as determined by the Holder in the sole discretion of the Holder.
Treasury Bill Rate means, in respect of any day for which interest based on such rate is being calculated under this Agreement, the rate per annum at which Philippine Treasury Bills with terms or ninety-one (91) days (or If no such bill with a term of 91 days is issued, then such bill which is issued having the term nearest to 91 days) were issued by the Philippine Government on the regular auction date immediately preceding such day, or, if there were no Philippine Treasury Bills are issued, the "Treasury Bill Rate" shall mean such alternative rate of interest as may be agreed between the Parties at such time, or in the absence of agreement, the rate per annum certified and evidenced by the NPP to be its effective cost of borrowing at such time.
Treasury Bill Rate on any date for any Rate Period, shall mean (i) the bond equivalent yield, calculated in accordance with prevailing industry convention, of the rate on the most recently auctioned Treasury Bill with a remaining maturity closest to the length of such Rate Period, as quoted in The Wall Street Journal on such date for the Business Day next preceding such date; or (ii) in the event that any such rate is not published in The Wall Street Journal, then the bond equivalent yield, calculated in accordance with prevailing industry convention, as calculated by reference to the arithmetic average of the bid price quotations of the most recently auctioned Treasury Bill with a remaining maturity closest to the length of such Rate Period, as determined by bid price quotations as of the close of business on the Business Day immediately preceding such date obtained from the U.S. Government Securities Dealers to the Auction Agent.
Treasury Bill Rate means the weighted average interest rate determ▇▇▇▇ on the basis of the winning bids submitted to and accepted by the Bangko Sentral ng Pilipinas or its successor, for the sale of the Peso-denominated Treasury Bills.
Treasury Bill Rate means the yield received for investing in a Government of Canada Treasury bill.