HKAB definition
Examples of HKAB in a sentence
HIBOR rate refers to the inter-bank offering rate published by the Hong Kong bankers association [HKAB] and provided by REUTERS and other financial telecommunication terminals released by the head office of Party A on the morning of the 2 banking business days before the date of the lending or the 2 banking business days before the date of interest rate adjustment, in the above-mentioned term and currency).
Hong Kong Interbank Offered Rate (HIBOR) is the interbank borrowing rate announced by Hong Kong Association of Bankers (HKAB) and offered on financial information terminals of Router at 11:30 AM (Hong Kong time) two banking days before lending is granted or two banking days before interest rate is adjusted.
On 28 September 2021, TXB entered into a Novation Agreement with HKAB and the Parties to assign and transfer all HKAB’s rights, duties and obligations under the SHA to TXB, subject to the terms and conditions stipulated in the Novation Agreement.
HIBOR means the inter-bank offered rate for the said period and in the said currency published by Hong Kong Association of Banks [HKAB] and provided by REUTERS and other financial telecommunication terminals at 11:30 a.m. [Hong Kong Time] two banking days before the date of loan or financing or before the interest rate adjustment date.
HIBOR interest rate refers to the inter-bank offered rate of the above period and currency, released by HKAB provided by financial telecom terminals such as ▇▇▇▇▇▇ at 11.00 a.m. (Hong Kong time) two banking days prior to the loan or financing day or interest rate adjustment day.
HIBOR refers to the interbank offered rate of the foregoing period and currency offered by such financial telecommunication terminals as Reuters and issued by Hong Kong Association of Bankers (HKAB) at 11:30a.m. (Hong Kong Time) 2 (two) business days of bank before loan or financing or before the interest rate adjustment date.