## Examples of *Daily Interest Rate* in a sentence

Interest Formula: Interest = Principal × Actual Days ×

**Daily Interest Rate**.Conversion Formula:

**Daily Interest Rate**= Annual Interest Rate / 360.If the Remarketing Agent shall not have determined a

**Daily Interest Rate**for any day by 10:30 a.m. (New York City time) on such day, the**Daily Interest Rate**shall be the same as the**Daily Interest Rate**for the immediately preceding day.The final regulations adopt ' 1.468B-7 as proposed with minor changes to improve clarity.

The

**Daily Interest Rate**shall be the rate determined by the Remarketing Agent (based on an examination of Tax-Exempt obligations comparable to the Bonds known by the Remarketing Agent to have been priced or traded under then-prevailing market conditions) to be the lowest rate which would enable the Remarketing Agent to sell the Bonds on the effective date of such rate at a price (without regard to accrued interest) equal to 100% of the principal amount thereof.