Discount Spread definition
Discount Spread means, as of any date of determination, an amount equal to the difference between (i) the Discount Rate on such date of determination and (ii) the Weighted Average APR as of such date of determination.
Discount Spread means 10 basis points;
Examples of Discount Spread in a sentence
Date Discount Spread Maturity Date (October 15) Principal Amount Interest Rate 2026 $2,335,000 5.00% 2027 2,290,000 5.00 2028 4,400,000 5.00 2029 6,255,000 5.00 2030 10,935,000 5.00 2031 1,520,000 5.00 2032 1,560,000 5.00 2033 1,635,000 5.00 2034 1,720,000 5.00 March 11, 2022 Volusia County Educational Facilities Authority DeLand, Florida ▇▇▇▇▇-▇▇▇▇▇▇ Aeronautical University, Inc.