Commodity Index definition

Commodity Index means, subject to adjustment in accordance with these Conditions, an index comprising various commodities or commodity prices, as specified in the applicable Issue Terms.

Commodity Index means each Index comprising one or more commodities or contracts for the future delivery of a commodity (each a “Commodity Index Component”).

Commodity Index means an Individual Commodity Index or a Composite Commodity

Examples of Commodity Index in a sentence

• Rather, they are purely financial instruments.The pricing of all Short and Leveraged Commodity Securities will be based on Individual Commodity Indices and Composite Commodity Indices.The Price of each Short and Leveraged Commodity Security will be adjusted daily by reference to the percentage change in the relevant Commodity Index.

• If day t is not a Pricing Dayfor a Short and Leveraged Commodity Security of that class or (in the case of a Three Times Commodity Security or a Second Month Security of any class) if day t is a Restrike Disruption Day, in the circumstances set out in the Conditions, then Ii,t will be the same as Ii,t-1; andIi,t-1 is the closing settlement price level of the Commodity Index applicable to a Short or Leveraged Commodity Security of class i for day t-1.

• The Price of a Short Commodity Security will be adjusted by minus one times (–1x) or minus three times (–3x) the percentage change in the relevant Commodity Index and the Price of a Leveraged Commodity Security will be adjusted by two times (+2x) or three times (+3x) the percentage change in the relevant Commodity Index.

• For One Times Short Commodity Securities, LFi = -1, for Three Times Short Individual Securities, LFi = -3, for Two Times Leveraged Commodity Securities, LFi = +2 and for Three Times Leveraged Individual Securities, LFi = +3i;Ii,t is the level of the Commodity Index which the relevant class of Short and Leveraged Commodity Security references on the day on which the Price is being calculated.

More Definitions of Commodity Index

Commodity Index means, subject to adjustment in accordance with the Commodity-linked Conditions, each index comprising various commodities or commodity prices, as specified in the applicable Issue Terms.

Commodity Index means the commodity index, as specified in the Final Termsheet.

Commodity Index means an Individual Commodity Index or a Composite CommodityIndex, as appropriate, and “Commodity Indices” means all of them and in relation to a class of Short or Leveraged Commodity Securities (and the corresponding class of Commodity Contracts) means the Commodity Index specified in relation to such class in the Sixth Schedule (Classes of Short and Leveraged Commodity Securities) to the Trust Instrument

Commodity Index means an index comprising commodities specified as such in the Final Terms or (as applicable) the Pricing Supplement;

Commodity Index means an index comprising commodities specified as such in the applicable Pricing Supplement;

Commodity Index means an index comprising commodities specified as such in the relevant Final Terms;

Commodity Index means the Dow Xxxxx-AIG Commodity Index Total ReturnSM, which tracks the returns on nineteen exchange-traded futures contracts of physical commodities plus returns of the 3-month U.S. Treasury bills and (2) certain fixed rate notional bonds.