Examples of H.15 Daily Update in a sentence
Federal Funds (Open) Rate: Unless otherwise specified in the applicable Pricing Supplement, the Federal Funds (Open) Rate for each interest reset period will be the rate on the applicable Interest Determination Date for federal funds published in H.15 Daily Update under the heading “Federal Funds” and opposite the caption “Open,” as displayed on Reuters on page FEDFUNDS1.
Federal Funds (Effective) Rate: Unless otherwise specified in the applicable Pricing Supplement, the Federal Funds Rate for each interest reset period will be the rate on the applicable Interest Determination Date for federal funds published in H.15 Daily Update under the heading “Federal Funds (effective),” as displayed on Reuters on page FEDFUNDS1 under the heading “EFFECT,” or any successor service or page (“Reuters Page FEDFUNDS1”).