Reset Reference Bond means for any Reset Period a government security or securities issued by the government of the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer (after consultation with an investment bank or financial institution of international repute determined to be appropriate by the Issuer, which, for avoidance of doubt, could be the Calculation Agent) as having the nearest actual or interpolated maturity comparable with the relevant Reset Period and that (in the opinion of the Issuer) would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issuances of corporate debt securities denominated in the Specified Currency and of a comparable maturity to the relevant Reset Period;

Reset Reference Bond means for any Reset Period, a government security or securities issued by the government of the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer (after consultation with an investment bank or financial institution determined to be appropriate by the Issuer, which, for avoidance of doubt, could be the Calculation Agent, if applicable) as having the nearest actual or interpolated maturity date on or about the last day of the relevant Reset Period and that (in the opinion of the Issuer) would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issuances of corporate debt securities denominated in the Specified Currency and of a comparable maturity to the relevant Reset Period;

Reset Reference Bond means for any Reset Period a government security or securities issued by the government of the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall deemed to be Germany) agreed between the Issuer and the Determination Agent as having the nearest actual or interpolated maturity comparable with the relevant Reset Period and that (in the opinion of the Issuer, after consultation with the Determination Agent) would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issuances of corporate debt securities denominated in the Specified Currency and of a maturity comparable to the relevant Reset Period;

Examples of Reset Reference Bond in a sentence

In such a case, insert regular interest payment dates, ignoring issue date or maturity date in the case of a long or short first or last coupon)(g) Reset Date:[ ](h) Subsequent Reset Date(s):[ ] [and [ ]](i) Reset Reference Rate:[Mid-Swap Rate] [Reset Reference Bond Rate][CMT Rate][ ](j) Reset Margin:[+/-][ ] per cent.
If the Reset Reference Rate is the Mid-Swap Rate and on any Reset Determination Date the Relevant Screen Page is not available or the rate for swaps in the Specified Currency does not appear on the Relevant Screen Page and the applicable Final Terms specify that the Reset Reference Bond Rate is applicable as the fallback to the Mid-Swap Rate, the Reset Reference Rate shall be the Reset Reference Bond Rate calculated by the Issuer in accordance with these Conditions.
Delete if the Reset Reference Rate is not the Mid-Swap Rate or Reset Reference Bond Rate.

More Definitions of Reset Reference Bond

Reset Reference Bond means, in relation to any Reset Period, a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany), as selected by the Issuer on the advice of an investment bank of international repute, that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the Specified Currency and of a comparable maturity to such Reset Period; Reset Reference Rate means, in relation to a Reset Determination Date and subject to Condition 5.3(b) and Condition 5.5 if applicable:

Reset Reference Bond means the security or securities issued by the United Kingdom government selected by the Issuer (after consultation with an investment bank or financial institution of international repute determined to be appropriate by the Issuer) as having the nearest actual or interpolated maturity comparable with the Reset Period and that (in the opinion of the Issuer) would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issuances of corporate debt securities denominated in Sterling and of a comparable maturity to the Reset Period; and

Reset Reference Bond means, for any Reset Period, the U.K. government security or securities selected by the Issuer (after consultation with an investment bank or financial institution determined to be appropriate by the Issuer which, for the avoidance of doubt, could be the Calculation Agent, if applicable) with a maturity date on or about the last day of such Reset Period and that (in the opinion of the Issuer) would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issuances of corporate debt securities denominated in sterling and of a maturity of five years.

Reset Reference Bond means for any Reset Period:

Reset Reference Bond means, in relation to any Reset Period, a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is Euro, shall be Germany), as selected by the Issuer on the advice of an investment bank of international repute, that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the Specified Currency and of a comparable maturity to such Reset Period;

Reset Reference Bond means, for any Reset Period, the U.K. government security or securities selected by the Company (after consultation with an investment bank or financial institution determined to be appropriate by the Company which, for the avoidance of doubt, could be the Calculation Agent, if applicable) with a maturity date on or about the last day of such Reset Period and that (in the opinion of the Company) would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issuances of corporate debt securities denominated in sterling and of a maturity of five years.