CMS Reference Rate definition

CMS Reference Rate means the EUR CMS specified in the Final Terms relating to the relevant maturity (the relevant maturity year mid swap rate in EUR (annual 30/360)), which appears on the Relevant Screen Page, being Reuters page "ISDAFIX2" under the heading "EURIBOR Basis" (unless otherwise specified in the relevant Final Terms), as at Relevant Time which shall be 11.00 a.m. Frankfurt time (unless otherwise specified in the relevant Final Terms), in the case of the EUR-ISDA-EURIBOR Swap Rate-11.00 on the relevant Interest Determination Date (unless otherwise specified in the relevant Final Terms).

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CMS Reference Rate means, in respect of an interest period or any relevant day, the Relevant Swap Rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity (expressed as a percentage rate per annum) which appears on the Relevant Screen Page as at the Relevant Time on the relevant interest determination date, as determined by the calculation agent;

Examples of CMS Reference Rate in a sentence

In the case of Exempt Notes which are also Floating Rate Notes where the applicable Pricing Supplement identifies that Screen Rate Determination or CMS Rate Determination applies to the calculation of interest, if the Reference Rate from time to time is specified in the applicable Pricing Supplement as being other than EURIBOR or CMS Reference Rate, the Rate of Interest in respect of such Exempt Notes will be determined as provided in the applicable Pricing Supplement.
In the case of Exempt Notes, if the Reference Rate from time to time in respect of Floating Rate Notes is specified in the applicable Pricing Supplement as being other than EURIBOR or CMS Reference Rate, the Rate of Interest in respect of the Notes will be determined as provided in the applicable Pricing Supplement.

More Definitions of CMS Reference Rate

CMS Reference Rate means the EUR CMS relating to the relevant maturity (the relevant maturity year mid swap rate in EUR (annual 30/360)), which appears on the Relevant Screen Page, being Reuters page “ISDAFIX2” under the heading “EURIBOR Basis”, as at Relevant Time which shall be 11.00 a.m. Frankfurt time, in the case of the EUR-ISDA-EURIBOR Swap Rate-11.00 on the relevant Interest Determination Date or, where a CMS Rate applies for the purposes of any Range Accrual Note pursuant to Condition 5 (e) below, Range Accrual Day (as defined in Condition 5(e) below) or on any other relevant date.

CMS Reference Rate means the Rate Option (as defined in the ISDA Definitions) specified as such in the relevant Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement, with a Designated Maturity (as defined in the ISDA Definitions) as specified in the relevant Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement;

CMS Reference Rate means the rate determined in accordance with the Condition 6.7 (CMS Rate Determination);

CMS Reference Rate means the Rate Option (as defined in the ISDA Definitions) specified as such in the relevant Pricing Supplement with a Designated Maturity (as defined in the ISDA Definitions) as specified in the relevant Pricing Supplement;

CMS Reference Rate means, for an Interest Period, the Relevant Swap Rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity (as specified in the applicable Final Terms) commencing on the first day of the relevant Interest Period (expressed as a percentage rate per annum) which appears on the Relevant Screen Page (as specified in the applicable Final Terms) as at the Relevant Time (as specified in the applicable Final Terms) on the relevant Interest Determination Date, all as determined by the Agent or another calculation agent (as specified in the applicable Final Terms) (the “Calculation Agent”).