Bond Yield definition

Bond Yield means the yield of the last series of Bonds issued, for purposes of this calculation the yield of the Bonds shall be the yield calculated at the time such Bonds are issued, pursuant to Section 148 of the Internal Revenue Code of 1986, as amended for the purpose of the Non- Arbitrage Certificate or other similar bond issuance document.

Bond Yield means that discount rate which produces an amount equal to the Issue Price of the Bonds when used in computing the present value of all payments of principal and interest to be paid on the Bonds, using semiannual compounding on a 360- day year as computed under Regulation 1.148-4.

Bond Yield means the yield on the last series of Non-School Bonds issued by or on behalf of IA F of CFD No. 10, as calculated at the time such Non-School Bonds are issued, pursuant to Section 148 of the Internal Revenue Code of 1986, as amended, for the purpose of the non-arbitrage certificate or other similar bond issuance document.

Examples of Bond Yield in a sentence

• For the MVA Annuity, the loan interest rate will be equal to Moody’s Corporate Bond Yield Average – Monthly Average, as published by Xxxxx’x Investors Service Inc., for the calendar month ending two months before the date on which the new loan interest rate is effective.

• Such moneys may be invested without regard to investment yield limitation for a period of 13 months from the date of receipt, and thereafter, or at any time to the extent such amounts exceed the amounts described in this subsection, may not be invested in obligations bearing a yield in excess of the Bond Yield.

• Moneys on deposit in the Bonds Redemption Account that do not constitute part of the Minor Portion may not be invested at a Yield in excess of the Bond Yield.

• Any interest earnings or investment gains realized from the investment of the Proceeds of the Series 2014 Bonds in the Bond Proceeds (Project Costs) Subaccount could have been reinvested pending disbursement in obligations that bear a yield in excess of the Bond Yield.

• Investment Proceeds of the Series 2014 Bonds deposited in the Rebate Account may be invested without regard to investment yield limitation for a period of one year beginning on the date of receipt thereof and thereafter at a yield not in excess of the Bond Yield.

More Definitions of Bond Yield

Bond Yield means the Yield of the Bonds calculated in accordance with Section 1.148-4 of the Regulations.

Bond Yield means the discount rate that produces a present value equal to the Issue Price of all unconditionally payable payments of principal, interest and fees for qualified guarantees within the meaning of Regulations section 1.148-4(f) and amounts reasonably expected to be paid as fees for qualified guarantees in connection with the Obligations as determined under Regulations section 1.148-4(b), recomputed if required by Regulations section 1.148-4(b)(4) or 4(h)(3). The present value of all such payments shall be computed as of the date of execution and delivery of the Obligations and using semiannual compounding on the basis of a 360-day year.

Bond Yield means the rate per annum equal to the annual yield to maturity of the Comparable Bond Issue, assuming a price equal to the Comparable Bond Price for the Calculation Date;

Bond Yield means the rate per annum equal to the annual yield to maturity of the Reference Bond;

Bond Yield means the yield of the last series of Bonds issued, which for purposes of this calculation shall be the yield calculated at the time such Bonds are issued, pursuant to Section 148

Bond Yield means the yield determined by the Lender by reference to the bond quotations appearing in the Globe and Mail on the business day prior to the date of prepayment (or, if such publication is no longer published, any publicly available source of similar market data selected by the Lender), and shall be the most recent yield to maturity on actively traded Government of Canada securities having a maturity comparable to the Remaining Life. If the Remaining Life is not equal to the constant maturity of a Government of Canada security for which a yield is given, the Bond Yield shall be obtained by a linear interpolation (calculated to the nearest one-twelfth of a year) from the yields of Government of Canada securities for which such yields are given, except that if the Remaining Life is less than one year, the yield on actively traded Government of Canada securities adjusted to a constant maturity of one year shall be used;

Bond Yield on any date means the yield to maturity on such date, compounded semi-annually and calculated by Couche-Tard in accordance with generally accepted European financial practice, of the FA Selected Bond, such yield to maturity being the average of the yields provided by two European investment dealers specified by Couche-Tard.