Federal Funds Overnight Rate means, for any day, an interest rate per annum equal to the rate published as the Federal Funds Effective Rate that appears on Telerate Page 118 for such day.
Federal Funds Overnight Rate means the rate for that day opposite the caption "Federal Funds (Effective)" as set forth in the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System.
Federal Funds Overnight Rate means, for the relevant determination date, the rate opposite the caption “Federal Funds (Effective)” as set forth for that day in the weekly statistical release designated as H.15 (519), or any successor publication, published by the Board of Governors of the Federal Reserve System. If on the determination date such rate is not yet published in
Examples of Federal Funds Overnight Rate in a sentence
The "Interest Rate", in respect of Posted Collateral which is denominated in US$, for any day means the Federal Funds Overnight Rate.
For the purposes hereof, "Federal Funds Overnight Rate" means, for any day, an interest rate per annum equal to the rate published as the Federal Funds Effective Rate that appears on Telerate Page 118 for such day.
The “Interest Rate” will be: Federal Funds Overnight Rate as from time to time in effect.
Interestingly, adding together the KIA’s loss on this transaction and its gain on the Citigroup transactions results in a net gain of $416.2 million—equivalent to an annualized 4.1% return, which is roughly equal to the targeted Federal Funds Overnight Rate of 4.25% when these investments were originally made.
The Interest Rate for any day means the Federal Funds Overnight Rate.
More Definitions of Federal Funds Overnight Rate
Federal Funds Overnight Rate means, for the relevant determination date, the rate opposite the caption “Federal Funds (Effective)” as set forth for that day in the weekly statistical release designated as H.15 (519), or any successor publication, published by the Board of Governors of the Federal Reserve System. If on the determination date such rate is not yet published in H.15 (519), the rate for that date will be the rate set in Composite 3:30 P.M. Quotations for U.S. Government Securities for that day under the caption “Federal Funds/Effective Rate.” If on the determination date such rate is not yet published in either H.15 (519) or Composite 3:30 P.M. Quotations for U.S. Government Securities, the rate for that date will be determined as if the Parties had specified “USD-Federal Funds-Reference Dealers” as the applicable rate.
Federal Funds Overnight Rate means, for any day, an interest rate per annum (based on a 360 day year and rounding up, if necessary, to the nearest 1/16 of 1%) equal to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System of the United States of America arranged by federal funds brokers, as published for such day by the Federal Reserve Bank of New York or, if such rate is not published for any day which is a Banking Day, the average of the quotations for such day on such transactions received by the Agent from three (3) federal funds brokers of recognized standing selected by it, provided that in the case of a day which is not a Banking Day, the Federal Funds Overnight Rate for such day shall be the Federal Funds Overnight Rate for the immediately preceding Banking Day, the whole determined in accordance with the Agent’s usual practice.
Federal Funds Overnight Rate shall have the meaning attributed to it in Section VI(c).
Federal Funds Overnight Rate means the rate for that day opposite the caption "Federal Funds (Effective)" 56 as set forth in the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of 57 Governors of the Federal Reserve System.
Federal Funds Overnight Rate shall have the meaning attributed to it in Section VII(c).
Federal Funds Overnight Rate means, for the relevant determination date the rate opposite the caption "Federal Funds (Effective)" as set forth in the weekly statistical release designated as H.15 (519), or any successor publication, published by the Board of Governors of the Federal Reserve System.
Federal Funds Overnight Rate means the reference rate in H.15(519) opposite the caption "Federal Funds (Effective)" on Reuters Page FEDFUNDS1 in respect of such day (or if Page FEDFUNDS1 ceases to exist or is not yet published in H.15(519), the rate for that day will be the rate set forth in H.15 Daily Update or such other recognised electronic source used for the purpose of displaying such rate for that day opposite the caption "Federal Funds (Effective)"). The Interest Rate for Euro, for any day, means the "EONIA" rate, being the reference rate equal to the overnight rate appearing on Reuters Page EONIA or as published by Bloomberg in respect of such day (or if such page ceases to exist, another equivalent page or reference, or if no such rate is published for such day, the rate for the next preceding day for which such a rate is published). The Interest Rate for Sterling, for any day, means the "XXXXX" rate, the Sterling Overnight Index Average Rate as provided by the administrator of XXXXX to, and published by, authorised distributors of the rate in respect of such day or if no such rate is published for such day, the rate for the next preceding day for which such a rate is published). Provided, that, if the relevant Interest Rate source is unavailable for any reason, then the Interest Rate shall be as published by such source on the preceding Local Business Day, unless Party A and Party B agree on an alternative source.