Screen Rate Determination definition

Screen Rate Determination is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined and the Reference Rate specified in the applicable Final Terms is not XXXXX or SOFR, the Rate of Interest for each Interest Period will, subject as provided below, be either:
Screen Rate Determination means determination of the interest rate for Floating Rate Notes by reference to the relevant screen page for the applicable reference rate, as specified in the applicable Supplement.
Screen Rate Determination means the manner in which the Rate of Interest is to be determined contained in Condition 6(b)(iii).

Examples of Screen Rate Determination in a sentence

  • The Rate of Interest in respect of Floating Rate Notes for each Interest Accrual Period shall be determined in the manner specified in the Pricing Supplement and the provisions below relating to either ISDA Determination or Screen Rate Determination shall apply, depending upon which is specified in the Pricing Supplement.


More Definitions of Screen Rate Determination

Screen Rate Determination means, if specified as applicable in the applicable Final Terms or Pricing Supplement, the manner in which the Rate of Interest on Floating Rate Covered Bonds will be determined in accordance with Condition 5.03 (Interest on Floating Rate Covered Bonds) of the Conditions;
Screen Rate Determination has the meaning specified in the applicable Final Terms;
Screen Rate Determination has, in relation to any Series of Covered Bonds, the meaning ascribed thereto in the applicable Final Terms.
Screen Rate Determination is specified in the applicable Pricing Supplement for a Tranche as the manner in which the Interest Rate for such Tranche is to be determined, the Reference Rate is specified in the applicable Pricing Supplement as being SOFR and the Calculation Method is specified in the applicable Pricing Supplement as being “Compounded SOFR with Payment Delay,” then the Interest Rate for each Interest Period shall be Compounded SOFR, as defined immediately below, plus or minus (as indicated in the applicable Pricing Supplement) the Margin.
Screen Rate Determination means the manner in which the Rate of Interest is to be determined by reference to Conditions 5(b)(iii)(B), 5(b)(iii)(C), 5(b)(iii)(D), 5(b)(iii)(E), 5(b)(iii)(F) and 5(b)(iii)(G).
Screen Rate Determination means, in relation to a Tranche of Floating Rate Notes (where applicable), the manner (set out in Condition 7.3.3 as read with the Applicable Pricing Supplement) in which the Floating Interest Rate applicable to that Tranche is to be determined;
Screen Rate Determination has the meaning specified in the applicable Final Terms; “SEC” means U.S. Securities and Exchange Commission;