Interest Rate Floor definition

Interest Rate Floor means that the Coupon Interest cannot fall below the fixed Interest Rate Floor.
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Interest Rate Floor means that the interest rate of the Bonds cannot be lower than the fixed Interest Rate Floor
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Interest Rate Floor means 0.00 per cent. per annum. “Underlying Floor” means -0.05 per cent. per annum.
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Examples of Interest Rate Floor in a sentence

  • This policy change has been applied retrospectively, resulting in a restatement in the retained earnings balance as at 31 December 2020 in the Consolidated Statement of Changes in Equity.

  • The Mortgage Margin, lifetime Mortgage Loan interest rate cap and lifetime Mortgage Loan interest rate floor will equal the related Certificate Margin, Lifetime Certificate Interest Rate Cap and Lifetime Certificate Interest Rate Floor, as applicable, plus the Servicing and Guar- anty Fee Rate, each as shown in Exhibit C.

  • The notional amount of the Interest Rate Floor serves merely to calculate the respective compensation payment.

  • When purchasing the Interest Rate Floor you pay an option premium upfront which is not refundable.

  • The Lifetime Certificate Interest Rate Floor is the minimum certificate interest rate possible based on the MBS Guide.


More Definitions of Interest Rate Floor

Interest Rate Floor means 4.0%
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Interest Rate Floor means a Transaction in which the Seller pays to the Buyer against payment of an agreed premium, once or periodically, Floating Amounts in a specified currency calculated on a Notional Amount in such currency and the Floating Rate, if such amount is a negative number.
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Interest Rate Floor is defined in Section 7.1.4 of this Agreement.
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Interest Rate Floor means a series of interest rate put options (European) in which the buyer of the option receives a payment at the end of each period when the underlying interest rate is below a rate agreed in advance.
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Interest Rate Floor means those certain interest rate hedge instruments sold by HCR Healthcare, LLC in the notional amount of the aggregate principal amount of the Mortgage Loan and the Mezzanine Loans, having a LIBOR floor of 4%.
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Interest Rate Floor means an instrument that pays off on each settlement date based on the market value of a reference rate (i.e. SIFMA or LIBOR) and a specified contract rate which effectively establishing a minimum on a variable rate.
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Interest Rate Floor means 4.5% (the “Interest Rate Floor”).
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