Examples of Compounded Daily SOFR in a sentence
Where the Rate of Interest for Floating Rate Securities is Compounded Daily SONIA, Compounded Daily SOFR or Compounded Daily €STR, the Observation Method will be specified as "Shift" or "Lag" as applicable.
Where "Screen Rate Determination – SOFR" is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined, and the Calculation Method is specified in the applicable Final Terms as being "Compounded Daily SOFR Formula", the Rate of Interest for an Interest Period will, subject as provided below, be the Compounded Daily SOFR Formula Rate with respect to such Interest Period plus or minus (as indicated in the applicable Final Terms) the Margin (if any).
If the Interest Rate is specified as being Floating Rate and the Benchmark is specified as being SOFR in the Final Terms or Series Offering Document, as applicable, subject to Conditions 6(k) and 6(n), the Interest Rate for each Interest Accrual Period will be determined by the Calculation Agent as the Compounded Daily SOFR on the applicable Interest Determination Date.
In education systems where the state is the monopoly supplier, “demand” generally expresses itself in terms that are readily compatible with the state’s efforts to equalize and standardize educational opportunities.
This influences the taste of milk, as it may be more salty at the end of lactation, and also affects cheese making characteristics (Piredda et al., 1996; Perea et al., 2000).