Conditional Coupon definition
Examples of Conditional Coupon in a sentence
The redemption amount payouts under this Programme cannot be combined with each other but can be combined with the payouts described in the following paragraphs, Conditional Coupon and Automatic Redemption.
Payout affecting coupon If Conditional Coupon applies to a Note, the amount and payment date of coupon varies with the reference level or price of the underlying(s).
Like Conditional Coupon, this payout can be combined with all the other payouts.
In general, if Conditional Coupon or Automatic Early Redemption ap- plies, the earlier the change in the level or price of a Reference Asset and the return on the Note prior to maturity, the great- er the effect on yield-to-maturity will be due to interest, time value of money effects.
In general, if Conditional Coupon or Automatic Early Redemption applies, the earlier the change in the level or price of a Reference Asset and the return on the Note prior to maturity, the greater the effect on yield-to-maturity will be due to interest, time value of money effects.
For example, a particular Series may pay a Conditional Coupon of 10% p.a, provided that the Performance of the Reference Asset is greater than a specified percentage.
For example, a Series may pay a 10%p.a Conditional Coupon each quarter, provided the Reference Asset is greater than Starting Price of the Reference Asset (i.e. positive performance) on the relevant Coupon Determination Date.
C.1 Type and class of the Notes and Security Identifi- cation Number: Type: debt instruments [The Notes are [Fixed Rate[s]] Notes] The Notes are [Conditional Coupon] [Automatic Early Redemption] [Reverse Exchangea- ble Notes]/[Participation Notes]/[Premium Knock-Out Notes]/[Booster Knock-Out Notes]/[Booster Notes] and are in [bearer/registered] form.