Amortisation Yield definition

Amortisation Yield means the rate per annum (expressed as a percentage) used to calculate the Amortised Nominal Amount of a Zero Coupon Note, in accordance with the provisions of Condition 7.5.1.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Amortisation Yield means the amount specified as such or, if none, the rate that would produce an Amortised Face Amount equal to the Issue Price if it were discounted back to the Issue Date).

Amortisation Yield means the ratio expressed as a percentage specified in the relevant Final Terms.

Examples of Amortisation Yield in a sentence

• As from the Maturity Date, the Rate of Interest for any overdue principal of such a Note shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield (as described in Condition 6(b)(i)).

• If the amount due and payable in respect of a Zero Coupon PD Debt Instrument on the redemption date is not paid when due, the Interest Rate for any such overdue principal shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield specified in the relevant Final Terms.

• If the amount due and payable in respect of a Zero Coupon PR Debt Instrument on the redemption date is not paid when due, the Interest Rate for any such overdue principal shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield specified in the relevant Final Terms.

• As from the Maturity Date, the Rate of Interest for any overdue principal of such an Instrument shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield (as defined in Condition 5.4.1(b)).

• As from the Maturity Date, the Rate of Interest for any overdue principal of such a Note shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield (as described in Condition 7(b)(i)).

More Definitions of Amortisation Yield

Amortisation Yield means the yield specified in the relevant Issue Terms.

Amortisation Yield means the ratio expressed as a percentage specified in the relevant Final Terms, equals to 100% if the Fixed Rate is greater than 0%.

Amortisation Yield means the yield specified as such in the relevant Pricing Supplement or, if none is specified, the yield determined in accordance with General Condition 5.5 (Early Redemption of Zero Coupon Notes).

Amortisation Yield means the amount specified as such or, if none, the rate that would produce an Amortised Face Amount equal to the Issue Price (if it were discounted back to the Issue Date).

Amortisation Yield has the meaning given in the relevant Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement;

Amortisation Yield means the rate specified in the relevant Final Terms or, which, if none is specified in the relevant Final Terms, shall be such rate as would produce the Amortised Face Amount equal to the Issue Price of the Notes if they were discounted back to their issue price on the Issue Date.

Amortisation Yield means the rate specified as such in the applicable Final Terms, which is the rate expressed as a percentage that would result in the Notes having the Final Redemption Amount if such rate was applied annually to the outstanding nominal amount of the Notes (with the initial such amount being the Reference Amount) on each anniversary of the Issue Date to (and including) the Maturity Date and the resulting amount then added to such nominal amount on each such anniversary and for the purposes of such calculation on the next following anniversary of the Issue Date; and