Swap Rate definition

Swap Rate means a charge by the Company for the interest cost and associated costs (positive or negative) incurred in relation to the overnight rollover (s) of an open position;
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Swap Rate means the US-Dollar denominated interbank interest rate swap rates/LIBOR offered rates as shown on Reuters page ICAP and other comparable brokerage pages, adjusted for the chosen interest rate method (annual/semi-annual compounding, etc.).
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Swap Rate if applicable, with respect to any Class Interest Rate Swap, shall have the meaning specified in the Series Term Sheet.
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Examples of Swap Rate in a sentence

  • Please check the symbol specifications within the Platform to see when the triple Swap Rate occurs, as this can vary based on the instrument that underlies your Contract.For the Pepperstone Platform, please use Webtrader to see when the triple Swap rate may occur.Administration Fee for Contracts that you hold beyond a certain period of time.8.11 We set an Administration Fee for each product that we offer on a Swap Free Account on a per- lot open basis.

  • A double negative Swap Rate implies that there’s no interest advantage gained by borrowing in one currency to then invest in the other.

  • The Swap Rate that applies to your Contract may be tripled on a specific day depending on the traded symbol's underlying instrument.

  • Notes can be issued for periods not exceeding 365 days from the date of issue with the applicable interest rate benchmark being referenced to the Bank Bill Swap Rate (BBSW).* US commercial paper and AUD notes are supported by a committed US$200 million and A$794 million (aggregate equivalent A$1,040 million) syndicated term credit facility that matures on 13 August 2011.


More Definitions of Swap Rate

Swap Rate means, in relation to a Covered Bond or Series of Covered Bonds, the exchange rate specified in any Swap Agreement relating to such Covered Bond or Series of Covered Bonds or, if there is no exchange rate specified or if the Swap Agreement has terminated, the applicable spot rate;
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Swap Rate means the rate determined by us from time to time having regard to, among things, Interbank Rates;
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Swap Rate if applicable, with respect to any Interest Rate Swap, shall have the meaning specified in the Series Term Sheet. "Swap Trust Payment," if applicable, for any Distribution Date, shall have the meaning specified in the Series Term Sheet. "Swap Trust Payment Shortfall," if applicable, for any Distribution Date, shall mean the positive difference, if any, between (i) the sum of the Swap Trust Payments and (ii) the sum of (A) the Series Finance Charge Collections allocable to each Counterparty with respect to each Interest Rate Swap and (B) Series Additional Allocable Amounts allocable to each Counterparty with respect to each Interest Rate Swap, in each case for such Distribution Date.
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Swap Rate means the forward swap rate based on the London Interbank Offered Rate last quoted by Bloomberg for deposits of U.S. Dollars for a period of three months, and taking into account the time period between the Issuance Date and the Maturity Date as determined by the Agent in its sole reasonable discretion based on the Bloomberg SWPM calculator. If no such London Interbank Offered Rate exists, such rate will be the rate of interest per annum, as determined by the Agent at which deposits of U.S. Dollars in immediately available funds are offered on the last Business Day of each calendar month by major financial institutions reasonably satisfactory to the Agent in the London interbank market for a period of three months for the applicable principal amount on such date of determination.
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Swap Rate. As specified in the Terms Schedule.
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Swap Rate means the daily settlement rate for holding Open Positions Overnight, nominated by Admiral for this defined term from time to time, as notified to you (including through the Trading Platform) or posted on its website. Trading Account means any part of an Account offered by Admiral on a Trading Platform.
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