Rt-1(Currency) definition

Rt-1(Currency) means the Currency Factor Designation for the Factor Frequency which appears on the relevant page of Reuters as of Valuation Day t-1 (which will be Reuters Pages LIBOR01 and LIBOR02 where Currency Factor Designation is BBA Libor for Asset Currency, BBA Libor for Component Currency) as specified in respect of the Asset, in the Pricing Supplement Term entitled “Asset Foreign Exchange Hedge” in the section entitled “Provisions relating to the Asset”. In respect of the first Valuation Day t after the Initial Valuation Date the rate shall be determined in the foregoing manner on the Initial Valuation Date. If on any date on which the rate of interest is to be determined the rate does not appear on that screen, the Calculation Agent may use such other source for such rate as it sees fit or may, acting reasonably, determine such rate from prevailing interest rates.
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Related to Rt-1(Currency)

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Currency means Dollars or any Foreign Currency.

  • Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate generation of units and to verify transfer of units from one person to another.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • First Currency has the meaning specified in Section 1.15.