Examples of BTP in a sentence
BTP sensitivity: +10 bps parallel shift of BTP asset swap spreads has a –2.2 bps pre and –1.6 bps post tax impact on the fully loaded CET1 ratio as at 31 March 2020.
In 1Q20 CET1 ratio impact from FVOCI –13 bps, o/w –6 bps due to BTP.
Furthermore, the BTP holdings were reduced by more than €10 bn year on year; acceleration of the Non Core rundown, and UniCredit sold its old non-strategic assets such as a stake in Yapi, all holdings in Fineco and Mediobanca as well as real estate in Germany for a total of more than €7 bn.
The BTP should carry out its duties in accordance with its legislative powers.
If on any Interest Determination Date fewer than three or none of the Constant Maturity BTP Reference Banks provides the Calculation Agent with quotations for such prices as provided in the preceding paragraph, the Constant Maturity BTP Rate shall be determined by the Calculation Agent in good faith on such commercial basis as considered appropriate by the Calculation Agent in its discretion, in accordance with standard market practice.