Bond Equivalent Yield definition

Bond Equivalent Yield means a yield (expressed as a percentage) calculated in accordance with the following formula:

Bond Equivalent Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: Bond Equivalent Yield = D x N x 100 360 – (D x M) where “D” refers to the applicable per annum rate for Treasury Bills quoted on a bank discount basis and expressed as a decimal, “N” refers to 365 or 366, as the case may be, and “M” refers to the actual number of days in the applicable Interest Reset Period.

Bond Equivalent Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: where “D” refers to the applicable per annum rate for Treasury bills quoted on a bank discount basis and expressed as a decimal, “N” refers to 365 or 366, as the case may be, and “M” refers to the actual number of days in the applicable Interest Reset Period.

Examples of Bond Equivalent Yield in a sentence

• If the rate referred to in clause (1) is not so published by 3:00 p.m., New York City time, on the calculation date, the Treasury Rate will be the Bond Equivalent Yield of the auction rate of the applicable treasury securities as announced by the United States Department of the Treasury on the interest determination date.

• If there was no preceding interest period, the Treasury Rate will be the initial interest rate.Bond Equivalent Yield will be expressed as a percentage and calculated as follows: Bond Equivalent Yield = D × N × 100360 — (D × M) where “D” refers to the applicable per annum rate for treasury securities quoted on a bank discount basis and expressed as a decimal, “N” refers to 365 or 366, as the case may be, and “M” refers to the actual number of days in the applicable interest period.

• If the rate described in clause (i) above does not appear in H.15 Daily Update or another recognized electronic source at 3:00 P.M., New York City time, on such Calculation Date (unless the calculation is made earlier and the rate is available from one of those sources at that time), the Treasury Rate will be the Bond Equivalent Yield of the auction rate, for such Treasury Interest Determination Date and for Treasury Bills having the Index Maturity, as announced by the U.S. Department of the Treasury.

• The "Bond Equivalent Yield" means a yield calculated in accordance with the following formula and expressed as a percentage: D x N Bond Equivalent Yield = ------------- x 100 360 - (D x M) where "D" refers to the applicable per annum rate for Treasury Bills quoted on a bank discount basis, "N" refers to 365 or 366, as the case may be, and "M" refers to the actual number of days in the interest period for which interest is being calculated.

• Bond Equivalent Yield will be expressed as a percentage and calculated as follows:Bond Equivalent Yield = D × N × 100360 – (D × M) where “D” refers to the applicable per annum rate for treasury securities quoted on a bank discount basis and expressed as a decimal, “N” refers to 365 or 366, as the case may be, and “M” refers to the actual number of days in the applicable interest period.

More Definitions of Bond Equivalent Yield

Bond Equivalent Yield means, in respect of any security with a maturity of six months or less, the rate for which is quoted on a bank discount basis, a yield (expressed as a percentage) calculated in with the following formula:

Bond Equivalent Yield means a yield expressed as a percentage and calculated in accordance with the following formula: where • “D” equals the annual rate for Treasury Bills quoted on a bank discount basis and expressed as a decimal; • “N” equals 365 or 366, as the case may be; and • “M” equals the actual number of days in the applicable Interest Reset Period. The “Calculation Date” means the Business Day immediately preceding the date on which interest will next be paid on this Security.

Bond Equivalent Yield means a yield (expressed as a percentage) calculated as follows:

Bond Equivalent Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: Bond Equivalent Yield = D x N x 100 ----------------- 360 - (D x M)

Bond Equivalent Yield means a yield expressed as a percentage and calculated in accordance with the following formula: where Ÿ “D” equals the annual rate for Treasury Bills quoted on a bank discount basis and expressed as a decimal; Ÿ “N” equals 365 or 366, as the case may be; and Ÿ “M” equals the actual number of days in the period from and including the relevant Interest Reset Date to but excluding the next succeeding Interest Reset Date.

Bond Equivalent Yield means, in respect of any security the rate for which is quoted in THE WALL STREET JOURNAL on a bank discount basis, the "bond equivalent yield" (expressed as a percentage) for such security which appears on Telerate's United States Treasury and Money Market Composite Page 0223, rounded up to the nearest one one-hundredth of one percent.

Bond Equivalent Yield means a yield expressed as a percentage and calculated in accordance with the following formula: where • “D” equals the annual rate for Treasury Bills quoted on a bank discount basis and expressed as a decimal; • “N” equals 365 or 366, as the case may be; and • “M” equals the actual number of days in the applicable Interest Reset Period. The “Calculation Date” corresponding to any Commercial Paper Interest Determination Date, Prime Interest Determination Date, LIBOR Interest Determination Date, EURIBOR Interest Determination Date, Treasury Interest Determination Date, CMT Interest Determination Date, CD Interest Determination Date, CMS Interest Determination Date, Federal Funds Interest Determination Date or 11th District Interest Determination Date, as the case may be, means the earlier of: