GOC Bond Yield definition
GOC Bond Yield means, on any date of determination, the arithmetic average of the interest rates quoted to the quotation agent by two major Canadian registered investment dealers (that are not the quotation agent) selected by us as being the annual yield to maturity on such date, assuming semi-annual compounding, which a non-callable Government of Canada bond would carry, if issued in Canadian dollars in Canada, at 100% of its principal amount on the applicable redemption date with a maturity date of the final date of the remaining term of the applicable series of notes. The GOC Bond Yield will be determined by the quotation agent as set forth above on the third business day immediately preceding the applicable redemption date.
GOC Bond Yield on any date of determination means the arithmetic average of the interest rates quoted by two major Canadian registered investment dealers (that are not the selling agent) selected by the Company (or its affiliate) as being the bid side yield to maturity on such date, assuming semi- annual compounding, which a non-callable Government of Canada bond would carry, if issued in Canadian dollars in Canada, at 100% of its principal amount on the applicable redemption date with a maturity date of April 29, 2027.
GOC Bond Yield on any date of determination means the arithmetic average of the interest rates
More Definitions of GOC Bond Yield
GOC Bond Yield on any date of determination means the arithmetic average of the interest rates quoted by two major Canadian registered investment dealers (that are not the selling agent) selected by Citigroup (or its affiliate) as being the bid side yield to maturity on such date, assuming semi-annual compounding, which a
GOC Bond Yield on any date of determination means the arithmetic average of the interest rates quoted by two major Canadian registered investment dealers (that are not the selling agent) selected by the Company (or its affiliate) as being the bid side yield to maturity on such date, assuming semi-annual compounding, which a non-callable Government of Canada bond would carry, if issued in Canadian dollars in Canada, at 100% of its principal amount on the applicable redemption date with a maturity date of April 29, 2027.