30E/360 (ISDA) definition
30E/360 (ISDA) has the meaning given to it in Condition 5.09 (Definitions);
30E/360 (ISDA) means the number of days in the Additional Amount Period divided by 360, calculated on a formula basis as follows:
30E/360 (ISDA) means the Final Terms, the number of days in the Interest Reset Period divided by 360, calculated on a formula basis as follows:
Examples of 30E/360 (ISDA) 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 (ISDA) (as defined in Condition 5.09).
More Definitions of 30E/360 (ISDA)
30E/360 (ISDA) means the number of days in the Interest Period divided by 360, calculated on a formula basis as follows:
30E/360 (ISDA) means the Final Terms, the number of days in the Interest Reset Period divided by 360, calculated on a formula basis as follows: where: