Interest Rate Derivative definition

Interest Rate Derivative means a Listed Product where the Underlying is an interest rate or a bond.
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Interest Rate Derivative means any interest rate swap, cap or collar agreement.
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Interest Rate Derivative or “IRD” means the Financial Instruments and Transactions set
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Examples of Interest Rate Derivative in a sentence

  • Interest Rate Derivative Contracts As noted above, we enter into interest rate swaps to protect against increases in the interest rates on our variable-rate debt.

  • A Clearing Member that is legally organised and has its principal place of business in the United States of America (or any state thereof) and which holds a Clearing Licence for OTC Interest Rate Derivative Transactions is hereinafter referred to as a “OTC IRS U.S. Clearing Member”.

  • Cross-currency and Interest Rate Derivative Contracts Cross-currency Swaps As noted above, we are exposed to foreign currency exchange rate risk in situations where our debt is denominated in a currency other than our functional currency.

  • Where the relevant OTC Interest Rate Derivative Transaction is an OIS, floating amounts must be payable monthly, quarterly, semi-annually, annually or at maturity (except for Stub Periods).

  • The OTC Interest Rate Derivative Booking Fee shall exclusively be paid by the Clearing Member with the invoice, issued for the relevant calendar month.

  • The fees charged for ZCIS in some respects differ from fees charged for all other OTC Interest Rate Derivative Transactions (IRS, OIS and FRA).

  • The maintenance fee for current OTC Interest Rate Derivative Transactions shall be determined on a daily basis and calculated at the end of a calendar month.

  • GOSA Indirect Client Accounts are only available for Eurex Transactions pursuant toChapter II and OTC Interest Rate Derivative Transactions pursuant to Chapter VIII Part 2.(2) The Clearing Member shall ensure that each instruction to book CoveredTransactions to a certain ICM Transaction Account only relates to CoveredTransactions to be booked on such ICM Transaction Account.

  • If the relevant DM Auction Transactions qualify as OTC Interest Rate Derivative Transactions, each (Mandatory) Bid submitted in accordance with the DM Auction Rules is generally valid.

  • FCM Clearing Members which possess a FCM Clearing License for Interest Rate Derivative Transactions according to Chapter II of the FCM Regulations of Eurex Clearing.


More Definitions of Interest Rate Derivative

Interest Rate Derivative or “IRD” means the Financial Instruments and Transactions set out in section 5, below.
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Interest Rate Derivative means a transaction, pursuant to which the Parties shall make, on the established Value Date(s) and in accordance with the agreed terms and conditions, interest payments on the Nominal Amount of the corresponding Transaction, whereas, as a rule, the interest rates payable by the Parties are calculated on a different basis. No Nominal Amount payments shall be made based on the Interest Rate Derivative;
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Interest Rate Derivative means any interest rate swap, cap or collar agreement or other similar agreement. “Investments” has the meaning assigned to such term in Section 7.4.
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Interest Rate Derivative means any interest rate swap, cap or collar agreement. or other similar agreement.
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Interest Rate Derivative means any interest rate swap, cap or collar agreement. “Investment” has the meaning assigned to such term in Section 7.4.
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Interest Rate Derivative means "any derivative whose underlying asset is the obligation to pay or the right to receive a given amount of money accruing interest at a given rate." Reporting on Interest Rate Derivatives must be presented in terms of 10-year bond equivalents.
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Related to Interest Rate Derivative

  • Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, interest rate option or any other agreement regarding the hedging of interest rate risk exposure executed in connection with hedging the interest rate exposure of any Person and any confirming letter executed pursuant to such agreement, all as amended, restated, supplemented or otherwise modified from time to time.

  • Interest Rate Hedge means an interest rate exchange, collar, cap, swap, floor, adjustable strike cap, adjustable strike corridor, cross-currency swap or similar agreements entered into by any Loan Party in order to provide protection to, or minimize the impact upon, such Loan Party of increasing floating rates of interest applicable to Indebtedness.

  • Interest Rate Agreement means with respect to any Person any interest rate protection agreement, interest rate future agreement, interest rate option agreement, interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate hedge agreement or other similar agreement or arrangement as to which such Person is party or a beneficiary.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Interest Rate Hedging Agreement means any interest rate protection agreement or other interest rate hedging arrangement.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Settlement Interest Rate means, for the first calendar quarter or portion thereof during which interest accrues, the rate determined by the Receiver to be equal to the equivalent coupon issue yield on twenty-six (26)-week United States Treasury Bills in effect as of Bank Closing as published in The Wall Street Journal; provided, that if no such equivalent coupon issue yield is available as of Bank Closing, the equivalent coupon issue yield for such Treasury Bills most recently published in The Wall Street Journal prior to Bank Closing shall be used. Thereafter, the rate shall be adjusted to the rate determined by the Receiver to be equal to the equivalent coupon issue yield on such Treasury Bills in effect as of the first day of each succeeding calendar quarter during which interest accrues as published in The Wall Street Journal.

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Interest Rate Swap means any interest rate swap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • Interest Rate Protection Agreement means any interest rate swap agreement, interest rate cap agreement, interest collar agreement, interest rate hedging agreement or other similar agreement or arrangement.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).