CIBOR definition

CIBOR means the Copenhagen interbank offered rate;
CIBOR means the Copenhagen interbank offered rate; “Code” has the meaning given in Condition 11(c);
CIBOR means Copenhagen Interbank Offered Rate For the NOK currency:

Examples of CIBOR in a sentence

  • In relation to CIBOR, the Copenhagen interbank offered rate administered by the Danish Bankers' Association (or any other person which takes over the administration of that rate) for the relevant period displayed (before any correction, recalculation or republication by the administrator) on the LSEG Data & Analytics (formerly Refinitiv) screen.


More Definitions of CIBOR

CIBOR means, in respect of Danish Kroner and for any specified period, the interest rate benchmark known as the Copenhagen interbank offered rate;
CIBOR means the Copenhagen interbank offered rate; “Clearstream, Luxembourg” means Clearstream Banking S.A.; “Code” means the U.S. Internal Revenue Code of 1986;
CIBOR means the Copenhagen inter-bank offered rate; CITA means the Copenhagen t/n Interest Average;
CIBOR means, in respect of Danish Kroner and for any specified period, the interest rate benchmark known as the Copenhagen interbank offered rate which is calculated and published by a designated distributor in accordance with the requirements from time to time of the Danish Bankers' Association based on estimated interbank borrowing rates for Danish Kroner for a number of designated maturities which are provided by a panel of contributor banks (details of historic CIBOR rates can be obtained from the designated distributor);
CIBOR means in relation to any Loan or other sum in DKK:
CIBOR means in relation to any Loan in Danish Kroner:
CIBOR means in relation to any Loan or other sum in DKK: (a) the applicable Screen Rate; or (b) (if no Screen Rate is available for the Interest Period of that Loan or other sum) the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Facility Agent at its request quoted by the Reference Banks to leading Lenders in the Danish interbank market, in both cases at or about 12.00 a.m. (Oslo time) on the second Business Day prior to the relevant Interest Period for the offering of deposits in DKK and for a period comparable to the Interest Period of that Loan or other sum and if any such rate is below zero, CIBOR will be deemed to be zero.