CMT Index definition

CMT Index. Not applicable.
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CMT Index. Not applicable. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions. COFI: Not applicable.
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CMT Index. The weekly average yield on United States Treasury securities adjusted to a constant maturity of one year as published by the Federal Reserve Board in Statistical Release H.15(519) and most recently available as of a day specified in the related Mortgage Note.
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Examples of CMT Index in a sentence

  • Indicates a Mortgage Loan that has an adjustable Mortgage Rate calculated on the basis of the One-Year CMT Index.

  • If such rate is no longer displayed on the relevant page or is not displayed by 3:00 P.M., New York City time, on the related Calculation Date, then the CMT Rate for such CMT Rate Interest Determination Date shall be such treasury constant maturity rate for the Designated CMT Index Maturity for such CMT Rate Interest Determination Date as published in H.15(519).

  • Index: As to any Adjustable-Rate Mortgage Loan and Rate Adjustment Date, the One-Year LIBOR Index, the Six-Month LIBOR Index, the COFI Index, the MTA Index or the One-Year CMT Index.

  • If two Treasury Notes with an original maturity as described in the second preceding sentence have remaining terms to maturity equally close to the Designated CMT Index Maturity, the Calculation Agent shall obtain quotations for the Treasury Note with the shorter remaining term to maturity.

  • Pre-tax interest earnings shall be based on the lowest yield on the one-year constant maturity for Treasuries (referred to as the CMT Index) as of September 1 during each Plan Year.

  • Mondays Approximately 3:45 P.M.," under the column for the Designated CMT Index Maturity for (i) if the Designated CMT Telerate Page is 7055, the rate on such CMT Rate Interest Determination Date and (ii) if the Designated CMT Telerate Page is 7052, the weekly or monthly average, as specified in the applicable Note Terms Certificate, for the week or the month, as applicable, ended immediately preceding the week or the month, as applicable, in which the related CMT Rate Interest Determination Date falls.

  • Mondays Approximately 3:45 P.M.," under the column for the Designated CMT Index Maturity for (i), if the Designated CMT Telerate Page is 7055, the rate on such CMT Rate Interest Determination Date and (ii), if the Designated CMT Telerate Page is 7052, the weekly or monthly average, as specified in the applicable Note Terms Certificate, for the week or the month, as applicable, ended immediately preceding the week or the month, as applicable, in which the related CMT Rate Interest Determination Date falls.


More Definitions of CMT Index

CMT Index. Not Applicable.
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CMT Index means the one year constant maturity Treasury index. "Code" means the Internal Revenue Code of 1986, as amended. "Commission" means the Securities and Exchange Commission.
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Related to CMT Index

  • RPIX Index shall have the meaning given to it in paragraph 5.4 of Schedule 3 (Charging Structure) of this Framework Agreement;

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • CPI Index is defined in Section 2.1(c) of this Agreement.

  • Case-mix index means an arithmetical index measuring the relative average costliness of outpatient cases treated in a hospital, compared to the statewide average.

  • Reference Index means each of the indices comprising the Reference Portfolio.