KLIBOR definition
Examples of KLIBOR in a sentence
Definition: ▪ For data month position up to December 2016, the Benchmark COF is the average three-month rolling 3-month KLIBOR rate plus 3-month SRR.
Trading in the Three-Month KLIBOR Futures Contract shall cease at 11.00 a.m. (Malaysian time) on the Final Trading Day.[Deleted] Clients are required to lodge with the respective Trading Participant adequate margins as determined by the Trading Participant provided always that such margins shall be at least equivalent to the amount of margins required by the Clearing House in respect of all Three-Month KLIBOR Futures Contract positions.
The “Reference Rate” means the reference rate per annum from time to time stipulated by the Bank as its lending rate for credit/financing facilities, including but not limited to BLR, BR, ECOF, FDR or KLIBOR as the case may be or such other rate by whatsoever name called as quoted by the Bank wherever applicable from time to time.
However, this minimum Prescribed Rate shall not be applicable for Facility pegged to BR or KLIBOR whereby the minimum Reference Rate applicable to such Facility shall not be less than 0.00% per annum calculated on daily rest or such other minimum rate as may be prescribed by the Bank from time to time.
On the Final Settlement Day for the Three-Month KLIBOR Futures Contract, all Open Positions for the Contract are marked to the final settlement value which is announced by the Exchange.