SOFR Compounded Index definition

SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and
SOFR Compounded Index means the Compounded Daily SOFR rate as published at 3.00 p.m. (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source;
SOFR Compounded Index means the value of the index known as the SOFR Index as published at 3:00 pm (New York City time) by the Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source;

Examples of SOFR Compounded Index in a sentence

  • The Issuer may in the future also issue Notes referencing ▇▇▇▇▇, the ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Index, SOFR, the SOFR Compounded Index or CSTR that differ materially in terms of interest determination when compared with any previous Notes issued by it under this Programme.


More Definitions of SOFR Compounded Index

SOFR Compounded Index means the index known as SOFR Index administered by the SOFR Administrator;
SOFR Compounded Index means the Compounded Daily SOFR rate as published at
SOFR Compounded Index means, in respect of any U.S. Government Securities Business Day, the compounded daily SOFR rate, as published at 3.00 p.m. (New York City time) by the Federal Reserve Bank of New York, as the administrator of SOFR (or any successor administrator of SOFR) on the website of the Federal Reserve Bank of New York (or any successor administrator of SOFR) or any successor source;
SOFR Compounded Index means, in respect of an Interest Period, the rate calculated by the Calculation Agent, on the relevant Interest Determination Date as follows (and the resulting percentage will be rounded, if necessary, to the fifth decimal place of a percentage point, with 0.000005% being rounded upwards):
SOFR Compounded Index means the compounded daily SOFR rate, as published at 15:00 (New York time) by the Federal Reserve Bank of New York (or a successor
SOFR Compounded Index means the Compounded SOFR Index value as published at 3.00
SOFR Compounded Index means" the rate of return of a daily compound interest investment (with the daily Secured Overnight Financing Rate ("SOFR") as reference rate for the calculation of interest) and will be calculated by the Calculation Agent on