CMS30 definition

CMS30 means the 30-year U.S. Dollar Constant Maturity Swap Rate, expressed as a percentage, as quoted on the Reuters Screen ISDAFIX3 Page, at 11:00 a.m., New York City time, on the applicable interest determination date.

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CMS30 equals the 30-year U.S. Dollar Constant Maturity Swap Rate, expressed as a percentage, as quoted on Reuters page ISDAFIX3, at 11:00 a.m., New York City time.

CMS30 means the semi-annual rate (calculated on a 30/360 day count basis) for USD swaps (vs. 3-month LIBOR) with a maturity of 30 years, expressed as a percentage, which appears on the Reuters Screen ICESWAP1 Page as of 11.00 a.m. New York time or thereabouts, on each relevant date;

Examples of CMS30 in a sentence

• For calendar days which are not Business Days, the Accrual Feature calculation will use CMS30 and CMS2 from the last fixings immediately preceding such calendar day.

• For calendar days which are not Business Days, the Accrual Feature calculation will use CMS30 and CMS10 from the last fixings immediately preceding such calendar day.

• The “Accrual Feature” equals the number of Business Days during the applicable quarterly interest period on which CMS30 is equal to or greater than CMS2 divided by the number of Business Days during such quarterly interest period, provided that CMS30 and CMS2 on the seventh Business Day prior to the end of a quarterly interest period will apply for the seven Business Days prior to the end of such quarterly interest period.

More Definitions of CMS30

CMS30 means, the CMS Rate with the Specified Maturity of 30 years. "CMS2" means, the CMS Rate with the Specified Maturity of 2 years.

CMS30 means, in respect of each Calculation Day during an Interest Period, the USD swap rate with a maturity of 30 years, expressed as a percentage, which appears on the Relevant CMS Screen Page (or any successor or replacement page to the applicable page as determined by the Calculation Agent) at the Relevant Swap Time on such Calculation Day, as determined by the Calculation Agent. If the Relevant CMS Screen Page (or such other page or service as shall replace the Relevant CMS Screen Page) is not available at the Relevant Swap Time, or no such rate appears on the Relevant CMS Screen Page (or the relevant replacement page) at the Relevant Swap Time on such Calculation Day, the Calculation Agent will in its sole and absolute discretion, determine such rate (or a method for determining such rate) for such Calculation Day, taking into consideration all available information that in good faith it deems relevant.

CMS30 means the 30-year U.S. Dollar Constant Maturity Swap Rate, expressed as a percentage, as quoted on the Reuters Screen ISDAFIX3 Page, at 11:00 a.m., New York City time, on the applicable U.S. Government Securities Business Day.

CMS30 means the 30-Year U.S. Dollar ICE Swap Rate, expressed as a percentage, as quoted on the Reuters Screen ICESWAP1 Page, at 11:00 a.m., New York City time, on the applicable interest determination date. This rate is one of the market-accepted indicators of longer-term interest rates.

CMS30 means the 30-year U.S. Dollar Constant Maturity Swap Rate, expressed as a percentage, as quoted on the Reuters Screen ISDAFIX3 Page, at 11:00 a.m.,