Fed Target definition

Fed Target means, if the target level for the federal funds rate most recently announced by the Federal Open Markets Committee (“FOMC”) is a specific rate, such rate, and if the target level for the federal funds rate most recently announced by the FOMC is a target band in lieu of a target rate, the lowest rate of the target band.”
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Fed Target means, if the target level for the federal funds rate most recently announced by the Federal Open Markets Committee (“FOMC”) is a specific rate, such rate, and if the target level for the federal funds rate most recently announced by the FOMC is a target band in lieu of a target rate, the lowest rate of the target band. Schedule B to the Agreement is hereby amended by deleting it in its entirety and replacing it with the revised Schedule B attached to this Letter of Direction. Sincerely, Name: [Name of Authorized Person] Title: [Title of Authorized Person] State Street: Limited Access ACKNOWLEDGED AND AGREED BY: STATE STREET BANK AND TRUST COMPANY By: Name: Title: Dated: State Street: Limited Access Schedule B See attached.
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Fed Target means, if the target level for the federal funds rate most recently announced by the Federal Open Markets Committee (“FOMC”) is a specific rate, such rate, and if the target level for the federal funds rate most recently announced by the FOMC is a target band in lieu of a target rate, the lowest rate of the target band. Schedule B to the Agreement is hereby amended by deleting it in its entirety and replacing it with the revised Schedule B attached to this Letter of Direction. Sincerely, Name: [Name of Authorized Person] Title: [Title of Authorized Person] SECOND AMENDMENT TO SECURITIES LENDING AUTHORIZATION AGREEMENT BETWEEN THOSE REGISTERED INVESTMENT COMPANIES LISTED ON SCHEDULE B, ON BEHALF OF EACH SERIES OF SUCH REGISTERED INVESTMENT COMPANIES, LISTED ON SCHEDULE B AND STATE STREET BANK AND TRUST COMPANY This Second Amendment (this “Amendment”) dated as of July 15, 2014 is between those REGISTERED INVESTMENT COMPANIES listed on Schedule B, each a registered management investment company organized as a Maryland corporation or other form of organization (each a “Company”) on behalf of each series of each such Company, as listed respectively on Schedule B ( each such series a “Fund” and collectively, the “Funds”), severally and not jointly, and STATE STREET BANK AND TRUST COMPANY (“State Street”). Reference is made to a Securities Lending Authorization Agreement dated December 1, 2008 by and between the Funds and State Street, as amended by a First Amendment dated as of June 9, 2011, as in effect on the date hereof prior to giving effect to this Amendment (the “Agreement”).
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Examples of Fed Target in a sentence

  • Interestingly, the market is very respon- sive to Federal Open Market Committee (FOMC) news, either in the form of subtle hints from the Fed or ac- tual rate changes (expected or unexpected), because Fed Target rates serve as a benchmark and barometer for both U.S. and World markets [15].

  • US Federal Reserve was also on a hiking spree by increasing the Fed Target rates four times during the calendar year 2018.

  • The e-school is a system established in January 2007 by the Ministry of National Education.

  • Yield Curve of US Treasury Bills and Bondsb) Federal Fund Futures Curvec) Survey about the Rise in the Fed Target Range1/PercentagePercentagePercentage of participants3.52.5Before Sep.100 880 10 To the extent that the US monetary normalization derives from better economic performance, said process may be considered as a favorable event, particularly for economies ̶ such as the Mexican economy ̶ having a high degree of trade integration with the US economy.

  • Fed Target Funds Rate 2yr UST5yr UST0.50 TD SecuritiesIn partnership with the Government Investment Officers Association 13Assumptions and Scenarios ▪ 5 Scenarios over the 6 months time horizon:1.

  • Councilwoman Erik asked if Mr. Monello has been offered the property and Ms. Gage replied that it is a ROW.3)Ordinance – Salaries – Ms. Gage advised that the proposed changes to the salary ordinance are housekeeping changes.

  • The consecutive increases in the Fed Funds rate continues to impact the quarterly deposit beta on a lag basis.▪ Loan Betas are calculated by dividing the change in loan yields by change in the average 1-month LIBOR and Deposit Betas are calculated by dividing the change in deposit costs by change in the average Fed Target rate, which reflects the bank’s balance sheet positioning.1-Month LIBOR (average)1.23%1.39%1.65%1.96%2.11%Originated Loans (incl.

  • Fed Target ↔ Moderate (41%) Source: Federal Reserve Economic Data, http://research.stlouisfed.org/fred2/series/AMBNS46 Total Number of YearsLow (17%)Deflation (16%)1 http://www.nytimes.com/2010/11/24/business/economy/24fed.html 4.

  • Exhibit 14: Fed Funds Rate 2Yr. & 10 Yr. T-Bill 6.0 Yield (%)4.0 2.0 0.09/99 9/03 9/07 9/11 9/15 9/19 Fed Target Rate 2 Yr T‐Bills 10 Yr T‐Bill Source: BloombergHowever, on an absolute basis, the lower yields are less attractive.

  • Chart: US Fed Policy Rates + Market Expectations Current Stance Fed Target Range 0 – 25bps RRP 5bps ($300bn cap) IOER 25bps Fed Funds Effective c.14bpsMarket Expectations Fed Target Range 25 – 50bps RRP 25bps (temp.

Related to Fed Target

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Development Candidate means a Compound that meets the Development Candidate Criteria for the initiation of a Development Program for the treatment of CF, and which is the subject of a notice from Vertex to CFFT that Vertex intends to commence formal pre-clinical development of the Compound in the Field pursuant to the provisions of Section 3.1 hereof.

  • Product Candidate means each of MYO-101, MYO-102, MYO-103, MYO-201 and MYO-301, as defined on Exhibit B, in each case in any form or formulation.

  • Lead Compound means any compound of lead other than galena which, when treated in the manner described below, yields to an aqueous solution of hydrochloric acid a quantity soluble lead compound exceeding, when calculated as lead monoxide, five percent of the dry weight of the portion taken analysis.

  • Back-Up Compound means, with reference to any particular Development Candidate or Drug Product Candidate, a Compound which (a) has the same principal mode of action (i.e., Potentiator or Corrector) as that Development Candidate or Drug Product Candidate; and (b) was among the group of Compounds, identified by VERTEX as potential additional lead molecules having the same principal mode of action, from which the Development Candidate was selected.

  • Sanctioned Target means any target of Sanctions, including (i) persons on any list of targets identified or designated pursuant to any Sanctions, (ii) persons, countries, or territories that are the target of any territorial or country-based Sanctions program, (iii) persons that are a target of Sanctions due to their ownership or control by any Sanctioned Target(s), or (iv) persons otherwise a target of Sanctions, including vessels and aircraft, that are designated under any Sanctions program.

  • hit means the existence of a match or matches established by the Central System by comparison between biometric […] data recorded in the computerised central database and those transmitted by a Member State with regard to a person, without prejudice to the requirement that Member States shall immediately check the results of the comparison pursuant to Article 26(4);

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • Antigen means a substance recognized by the body as being foreign; it results in the production of specific antibodies directed against it.

  • Licensed Compound means [***].

  • Collaboration Product means any pharmaceutical product in finished form that contains a Collaboration Compound, either as the sole active ingredient or in combination with one or more other active ingredients, and all present and future formulations, dosages and dosage forms thereof.

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Independent candidate means any candidate who claims not to be affiliated with a political party, and whose name has been certified on the office-type ballot at a general or special election through the filing of a statement of candidacy and nominating petition, as prescribed in section 3513.257 of the Revised Code.

  • Antibody means a molecule or a gene encoding such a molecule comprising or containing one or more immunoglobulin variable domains or parts of such domains or any existing or future fragments, variants, modifications or derivatives thereof.

  • Replacement Candidate means any Candidate Introduced by the Agency to the Client to fill the Engagement following the Introduction of another Candidate whose Engagement either did not commence or was terminated during the first 12 weeks of the Engagement;

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Licensed Compounds means any EZH2 Compound(s) that is:

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • GSK has the meaning set forth in the preamble.