Type of Interest Rate definition

Type of Interest Rate. [ ] Fixed Rate [X] Floating Rate
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Type of Interest Rate. [ ] Fixed Rate [ ] Floating Rate Fixed Rate Funding Agreement: [ ] Yes [ ] No. If, Yes, Interest Rate: Floating Rate Funding Agreement: [ ] Yes [ ] No. If, Yes, Regular Floating Rate Funding Agreement: [ ] Yes [ ] No. If, Yes, Interest Rate: Interest Rate Basis(es): Floating Rate/Fixed Rate Funding Agreement: [ ] Yes [ ] No. If, Yes, Floating Interest Rate: Interest Rate Basis(es): Fixed Interest Rate: Fixed Rate Commencement Date: Inverse Floating Rate Funding Agreement: [ ] Yes [ ] No. If, Yes, Fixed Interest Rate: Floating Interest Rate: Interest Rate Basis(es): Initial Interest Rate, if any: Initial Interest Reset Date: Interest Rate Basis(es). Check all that apply: [ ] CD Rate [ ] Commercial Paper Rate [ ] CMT Rate [ ] Eleventh District Cost of Funds Rate [ ] LIBOR [ ] Federal Funds Rate [ ] EURIBOR [ ] Treasury Rate [ ] Prime Rate [ ] Other (See Attached) If LIBOR: [ ] LIBOR Reuters Page [ ] LIBOR Moneyline Telerate LIBOR Currency: Page If CMT Rate: Designated CMT Telerate Page: If 7052: [ ] Weekly Average [ ] Monthly Average Designated CMT Maturity Index: Index Maturity: Spread (+/-): Spread Multiplier: Interest Reset Date(s): Interest Rate Determination Date(s): Maximum Interest Rate, if any: Minimum Interest Rate, if any: Computation of Interest (not applicable unless different than as specified in the prospectus and prospectus supplement): Day Count Convention (not applicable unless different than as specified in the prospectus and prospectus supplement): Amortizing Funding Agreement: [ ] Yes [ ] No. If, Yes, Amortizing Schedule: Additional/Other Terms: Discount Funding Agreement: [ ] Yes [ ] No. If, Yes, Total Amount of Discount: Initial Accrual Period of Discount: Additional/Other Terms: Redemption Provisions: [ ] Yes [ ] No. If, Yes, Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction (if any): Redemption: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Repayment: [ ] Yes [ ] No. If, Yes, Repayment Date(s): Repayment Price: Repayment: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms: Sinking Fund (not applicable unless specified): Additional Amounts to be Paid For Withholding Tax (not applicable unless specified): Ratings: The Funding Agreement issued under the Program is rated _____ by S&P. Principal Life anticipates Moody's Investors Service, Inc. ("Moody's") to rate the Fxxxxxx Agreement ___ at the Effective Date. Addit...
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Type of Interest Rate. For fixed-rate loans: For adjustable-rate loans (tied to a Refinancing/LIBOR index): Indexed For hybrid (mixed-rate) loans: From - fixed
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Examples of Type of Interest Rate in a sentence

  • The interest rate swap contracts executed as of March 31, 2017 are as follows: Type of Interest Rate Swap Subsequent to March 31, 2017, we entered into two additional interest rate swap agreements.

  • These contracts convert the floating interest rate on a portion of our debt to a fixed rate, plus a borrowing spread.The following tables summarize the total interest rate swap contracts executed as of June 30, 2018: Type of Interest Rate Swap During the second quarter 2018, we adopted the new standard for accounting for hedges that is designed to simplify the application of hedge accounting and increase transparency as to the scope and results of hedging programs.

  • These States / Union Territories are Jammu & Kashmir, Punjab, Sikkim, Mizoram, Nagaland and Lakshadweep.rural population with income upto 2 lakhs Type of Interest Rate - Refinance under RHF will be extended at interest rates which shall remain fixed for the entire tenure without reset.

  • Table 5.5. Gross Debt by Type of Interest Rate and Currency of Denomination [specify institutional coverage]Note: Specify where valuation or classification differs from the prin- ciples described in Chapters 2 and 3 of this Guide.be classified as fixed­rate debt, and when it switches to a variable rate it is classified as variable­rate debt.

  • These contracts convert the floating interest rate on a portion of our debt to a fixed rate, plus a borrowing spread.The following table summarizes the total interest rate swap contracts executed as of December 31, 2020: Type of Interest Rate SwapNotional AmountEffective DateTermination DateFixed Interest Rate or Rate Range Floating to Fixed .

  • PROVISIONS RELATING TO THE NOTES Principal Amount: $400,000,000 Type of Interest Rate: [ ] Fixed [X] Floating Price to Public: 100% If Fixed Rate Notes: Not applicable.

  • The transformed exercises are characterized by a repeatedly, but varying treat- ment of the learning content.

  • Type of Interest Rate: [X] Fixed Rate [ ] Floating Rate Fixed Rate Notes:Interest Rate: 4.000%Floating Rate Notes: Not applicable.


More Definitions of Type of Interest Rate

Type of Interest Rate. For adjustable loans (tied to the Refinancing Rate): For hybrid (mixed-rate) loans From Date 2 - fixed From Date 3 - indexed
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Type of Interest Rate. [X] Fixed Rate [ ] Floating Rate For Fixed Rate Funding Agreements: Interest Rate: 3.70% For Floating Rate Funding Agreements: Not applicable. Initial Interest Rate: Not applicable. Initial Interest Reset Date: Not applicable. Base Rate: Not applicable. [ ] CD Rate [ ] Commercial Paper Rate [ ] Constant Maturity Treasury Rate [ ] Federal Funds Rate [ ] LIBOR [ ] Treasury Rate [ ] Prime Rate [ ] Other (See Attached) If LIBOR: [ ] LIBOR Reuters Page [ ] LIBOR Telerate Page Designated LIBOR Currency: If Constant Maturity Treasury Rate: Designated CMT Telerate Page: [ ] 7051 [ ] 7052 If 7052: [ ] Weekly Average [ ] Monthly Average Designated CMT Maturity Index: Interest Reset Dates: Not applicable. Interest Rate Determination Date: Not applicable. Index Maturity: Not applicable. Spread (+/-): Not applicable.
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Type of Interest Rate. [ ] Fixed Rate [ x ] Floating Rate Fixed Rate Notes: [ ] Yes [ x ] No. If, Yes, Interest Rate: Floating Rate Notes: [ x ] Yes [ ] No. If, Yes, Regular Floating Rate Notes: [ ] Yes [x ] No. If, Yes, Interest Rate: Interest Rate Basis(es): Floating Rate/Fixed Rate Note: [ x ] Yes [ ] No. If, Yes, Floating Interest Rate: See below under "Additional/Other Terms" Interest Rate Basis(es): See below under "Additional/Other Terms" Fixed Interest Rate: 7.375% Fixed Rate Commencement Date: Original Issue Date Inverse Floating Rate Note: [ ] Yes [ x ] No. If, Yes, Fixed Interest Rate: Floating Interest Rate: Interest Rate Basis(es): Initial Interest Rate, if any: 7.375%, from and including the Original Issue Date to but excluding the Initial Interest Reset Date Initial Interest Reset Date: November 24, 2005 Interest Rate Basis(es). Check all that apply: [ ] CD Rate [ ] Commercial Paper Rate [ ] CMT Rate [ ] Eleventh District Cost of Funds Rate [ ] LIBOR [ ] Federal Funds Rate [ ] EURIBOR [ ] Treasury Rate [ ] Prime Rate [ x ] Other (See Attached) If LIBOR: [ ] LIBOR Reuters Page [ ] LIBOR Moneyline Telerate Page 3750 LIBOR Currency: U.S. Dollars If CMT Rate: Designated CMT Telerate Page: If 7052: [ ] Weekly Average [ ] Monthly Average Designated CMT Maturity Index: Index Maturity: Not applicable Spread (+/-): Not applicable Spread Multiplier: See below under "Additional/Other Terms" Interest Reset Date(s): Each Interest Payment Date beginning November 24, 2005 Interest Determination Date(s): Each Interest Reset Date Maximum Interest Rate, if any: Not applicable Minimum Interest Rate, if any; 0.00% Calculation Agent: X.X. Xxxxxx Trust Company, National Association Exchange Rate Agent: Not applicable Computation of Interest (not applicable unless different than as specified in the prospectus and prospectus supplement): Day Count Convention (not applicable unless different than as specified in the prospectus and prospectus supplement): Actual/Actual
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Type of Interest Rate. For adjustable loans (tied to the Refinancing Rate): From Date 1 - indexed For fully fixed-rate loans: Fixed For hybrid (mixed-rate) loans From Date 2 - fixed From Date 3 - indexed X% For adjustable-rate loans (tied to a Refinancing index): The Effective Interest Rate calculation is based on the assumption that the index as of the Execution Date of the Agreement will not change throughout its validity period. For hybrid (mixed-rate) loans: The Effective Interest Rate calculation is based on the following assumption: the Fixed Interest Rate (the rate applicable to fixed-rate periods) shall apply to the Fixed-Rate Period(s) under this Agreement, and upon the expiration of the Fixed-Rate Period up to loan maturity, the interest will be calculated as follows - the Public Index as of the Date of Execution of the Agreement plus the Bank’s interest (the Base Rate).
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Type of Interest Rate. For fixed-rate loans:
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Related to Type of Interest Rate

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;

  • LIBOR Interest Rate means, for each LIBOR Loan for the relevant Interest Period, the rate per annum (rounded upward, if necessary, to the nearest one-sixteenth of 1%) determined by the Agent to be equal to the quotient of (a) the London Interbank Offered Rate for such LIBOR Loan for such Interest Period divided by (b) one minus the Eurocurrency Reserve Requirement for such Interest Period.

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Interest Rate Cap means a Cap.

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Effective Interest Rate means the rate of interest per annum on the Loans in effect from time to time pursuant to the provisions of Section 3.1(a), (b) and (c).

  • Initial Rate of Interest means the initial rate of interest per annum specified as such in the relevant Final Terms;

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Default Rate of Interest means a rate of interest per annum equal to the sum of: (i) two percent (2%), (ii) the Chase Bank Rate, and (iii) the then Applicable Margin for Chase Bank Rate Loans, which rate the Agent shall be entitled to charge the Borrowers on all Obligations due the Lenders or the Agent by the Borrowers to the extent provided in Section 10.2 of this Financing Agreement.

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Component Interest Rate Not applicable.

  • Applicable Interest Rate means, (i) with respect to each Revolving Credit Advance and Term Loan Advance, the Eurodollar-based Rate or the Base Rate, and (ii) with respect to each Swing Line Advance, the Base Rate or, if made available to the Borrower by the Swing Line Lender at its option, the Quoted Rate, in each case as selected by the Borrower from time to time subject to the terms and conditions of this Agreement.

  • Reset Rate of Interest means, in relation to a Reset Interest Period, the 7-year Mid-Swap Rate determined for such Reset Interest Period by the Fiscal Agent in accordance with Condition 5 (Interest);

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.