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, 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.

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.

Examples of Treasury Bill Rate in a sentence

• The returns of the Total Return Index are thus the same as those of the Excess Return Index, with the addition of a “cash” return that is based on the Treasury Bill Rate.

• Amount requested = $40,000 (80% of the life insurance amount) Annual interest rate charged = 90-day Treasury Bill Rate (assume 5%) $40,000 - $40,000 = $3,636.36 Benefit Cost 1 + 2(.05) $40,000.00 Benefit Requested- 3,636.36 Benefit Cost$36,363.64 Accelerated Benefit Payable to the Employee The remaining group life insurance amount is $10,000.

• However, if the 13-week Daily Treasury Bill Rate, as published by the United States Department of the Treasury on the last day of the state’s fiscal year is below 1 percent, then the above-noted reasonable costs shall not exceed a maximum of 8 percent of the earnings of this fund for the subsequent fiscal year, shall not exceed the amount appropriated in the annual Budget Act for this function, and shall be deducted from the earnings prior to distribution.

• In general, the Maximum Auction Rate means, for any taxable bond, a per annum interest rate on the ARCs which would result in the average interest rate on the ARCs not being in excess of, the lesser of the 91 day United States Treasury Bill Rate plus 1.20% or LIBOR plus 1.50%.

• 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 Federal Treasury Bill Rate or the highest lawful rate of interest payable by the contractor.

More Definitions of Treasury Bill Rate

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, with respect to any calendar month, a rate of interexx, 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 the weighted average interest rate determxxxx 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 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 (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 during each one-year period beginning on April 1 and ending on March 31 during the term hereof, the monthly average yield on United States Treasury Securities—Constant Maturity Series issued by the United States Government for a term of ten (10) years, as published by the Federal Reserve Board in Federal Reserve Statistical Release H.15 as "Averages of Business Days" (the "Rate Release") for April of such one-year period and available at http://www.federalreserve.gov/releases/h15/data/m/tcm10y.txt. If the Rate Release is not available at the foregoing location, ACCPAC shall obtain it from an alternate publication or source which is acceptable to Payee.

Treasury Bill Rate means, with respect to an amount due hereunder, the rate of interest for thirteen-week U.S. Treasury bills as published by the U.S. Department of Treasury on its website, currently listed on the following webpage: http://www.treasury.gov/resource-center/data- chart-center/interest-rates/Pages/TextView.aspx?data=billrates, under “13 Weeks Coupon Equivalent” (or any equivalent publication or website selected by Seller, if such information is not available on such webpage).