CDI Index definition

CDI Index means the daily average rate of inter-banking deposits, “over extra group”, expressed in annual percentage, based on two hundred fifty-two (252) Business Days, calculated and disclosed daily by CETIP S.A. Mercados Organizados, or any index that may come to replace it in the future.

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CDI Index means the daily average rate of inter-banking deposits, “over extra group”, expressed in annual percentage, based on two hundred

CDI Index means the cumulative variation of the average daily rates of one-day Interbank Deposits – DI1, Extra-Group, expressed as percentage per year, based on two hundred and fifty-two (252) Business Days, calculated and published by B3 in the daily informative available in its webpage (http:// ▇▇▇.▇▇.▇▇▇.▇▇ or http:// ▇▇▇.▇▇▇▇▇.▇▇▇.▇▇).

Examples of CDI Index in a sentence

Pricing is as per Supplier’s price list presently in effect as set out in Schedule B-1, subject to adjustment only as set out in CDI Index Calculation Schedule B-2.
In the event that any Party fails to pay any amount due under this Article 2 on or prior to the date that such payment is due, the amount required to be paid shall be increased to be equal to the sum of (i) the unpaid amount adjusted by the variation of the CDI Index between the due date and the date of payment plus (ii) interest at the rate of one percent (1%) per month on the unpaid amount (before giving effect to the adjustment in clause (i) above).

More Definitions of CDI Index

CDI Index means the average annual rate (considering a year of two hundred and fifty two (252) business days) in respect of transactions with Interbank Deposit Certificates (CDI, in the local acronym), maturing on a day that is a business day, appraised and disclosed by B3 S.