30E/360 definition

30E/360 or “Eurobond Basis” has the meaning given to it in Condition 5.09 (Definitions); “30E/360 (ISDA)” has the meaning given to it in Condition 5.09 (Definitions);

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30E/360 or “Eurobond Basis” means the number of days in the Interest Reset Period divided by 360 (the number of days to be calculated on the basis of a year of 360 days with 12 30-day month, without regard to the date of the first day or last day of the Interest Reset Period unless, in the case of an Interest Reset Period ending on the Maturity Date, the Maturity Date is the last day of the month of February, in which case the month of February shall not be considered to be lengthened to a 30-day month).

30E/360 or “Eurobond Basis” has the meaning given to it in Condition 5.09 (Definitions); “48 hours” (where referred to in Schedule 4 to the Trust Deed) has the meaning given to it in Schedule 4 to the Trust Deed;

Examples of 30E/360 in a sentence

• The amount of any such interest shall be calculated in accordance with the provisions of Condition 5.08 as if the Rate of Interest was the Amortization Yield, the Outstanding Principal Amount was the overdue sum and the Day Count Fraction was as specified for this purpose in the Final Terms or, if not so specified, 30E/360 (as defined in Condition 5.09).

• The amount of any such interest shall be calculated in accordance with the provisions of Condition 5.08 as if the Rate of Interest was the Amortization Yield, the Outstanding Principal Amount was the overdue sum and the Day Count Fraction was as specified for this purpose in the Final Terms or Pricing Supplement or, if not so specified, 30E/360 (as defined in Condition 5.09).

• Where such calculation is to be made for a period which is not a whole number of years, the calculation in respect of the period of less than a full year shall be made on the basis of such Day Count Fraction as may be specified in the Pricing Supplement for the purposes of this Condition 11(g) or, if none is so specified, a Day Count Fraction of 30E/360.

• The amount of any such interest shall be calculated in accordance with the provisions of Condition 5.08 as if the Rate of Interest was the Amortization Yield, the Outstanding Principal Amount was the overdue sum and the Day Count Fraction was as specified for this purpose in the Final Terms or, if not so specified, 30E/360 (ISDA) (as defined in Condition 5.09).

• Where such calculation is to be made for a period which is not a whole number of years, the calculation in respect of the period of less than a full year shall be made on the basis of such Day Count Fraction as may be specified in the Final Terms for the purposes of this Condition 10(g) or, if none is so specified, a Day Count Fraction of 30E/360.

• Where such calculation is to be made for a period which is not a whole number of years, the calculation in respect of the period of less than a full year shall be made on the basis of such Day Count Fraction as may be specified in the Pricing Supplement for the purposes of this Condition 9(h) or, if none is so specified, a Day Count Fraction of 30E/360.

• Where such calculation is to be made for a period which is not a whole number of years, the calculation in respect of the period of less than a full year shall be made on the basis of such Day Count Fraction as may be specified in the Final Terms for the purposes of this Condition 10(h) or, if none is so specified, a Day Count Fraction of 30E/360.

• The amount of any such interest shall be calculated in accordance with the provisions of Condition 6.12 as if the Interest Rate was the Amortisation Yield, the Outstanding Principal Amount was the overdue sum and the Day Count Fraction was as specified for this purpose in the applicable Final Terms or, if not so specified, 30E/360 (as defined in Condition 6.13).

• Where such calculation is to be made for a period which is not a whole number of years, the calculation in respect of the period of less than a full year shall be made on the basis of such Day Count Fraction as may be specified in the Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement for the purposes of this Condition 9(h) or, if none is so specified, a Day Count Fraction of 30E/360.

• Where such calculation is to be made for a period which is not a whole number of years, the calculation in respect of the period of less than a full year shall be made on the basis of such Day Count Fraction as may be specified in the Final Terms for the purposes of this Condition 9(g) (Early redemption of Zero Coupon Notes) or, if none is so specified, a Day Count Fraction of 30E/360.

More Definitions of 30E/360

30E/360 or “Eurobond Basis” means the number of days in the Additional Amount Period divided by 360, calculated on a formula basis as follows:

30E/360 or “Eurobond Basis” means the number of days in the Interest Reset Period divided by 360, calculated on a formula basis as follows:

30E/360 means the fraction whose numerator is the number of days elapsed during the Calculation Period or Compounding Period, calculated on the basis of a year comprising 12 months of 30 days and whose denominator is 360. If the last day of the Calculation Period or Compounding Period is the last day of the month of February, the number of days elapsed during such month shall be taken as the actual number of days.

30E/360 or “Eurobond Basis” means the number of days in the Interest Reset Period divided by 360, calculated on a formula basis as follows: where:

30E/360 or “Eurobond Basis” is so specified means, the number of days in the Calculation Period divided by 360 (the number of days to be calculated on the basis of a year of 360 days with 12 30-day months, without regard to the date of the first day or last day of the Calculation Period unless, in the case of the final Calculation Period, the date of final maturity is the last day of the month of February, in which case the month of February shall not be considered to be lengthened to a 30-day month);