SOFR IndexStart definition

SOFR IndexStart means the SOFR Index value on the day which is two U.S. Government Securities Business Days preceding the first date of the relevant Interest Period (an "Index Determination Date"); and
SOFR IndexStart means the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified in the relevant Final Terms preceding the first date of the relevant Interest Accrual Period (a "SOFR Index Determination Date").
SOFR IndexStart means, in respect of an Interest Accrual Period, the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified hereon prior to the first day of such Interest Accrual Period;

Examples of SOFR IndexStart in a sentence

  • The Working Group considered how to define SOFR IndexStart and SOFR IndexEnd when preparing key terms for an FRN with a two-day Observation Period Shift.


More Definitions of SOFR IndexStart

SOFR IndexStart means the SOFR Index value on the day which is five U.S. Government Securities Business Days preceding the first date of the relevant Interest Period.
SOFR IndexStart is the SOFR Index value for the day which is two U.S. Government Securities Business Days preceding the first date of the relevant Floating Rate Interest Period;
SOFR IndexStart means the SOFR Index value on the day which is “p” U.S. Government Securities Business days preceding the first date of the relevant SOFR Interest Accrual Period.
SOFR IndexStart means the SOFR Index value on the day which is “p”
SOFR IndexStart is the SOFR Index value for the day that is two U.S. Government Securities Business Days preceding the first date of the relevant Interest Period;
SOFR IndexStart means the SOFR Index value on the U.S. Government Securities Business Day falling “p” U.S. Government Securities Business Days before the first day of the relevant Interest Accrual Period;
SOFR IndexStart with respect to an Interest Period, is the SOFR Index value for the day which is the Relevant Number of U.S. Government Securities Business Days preceding the first day of such Interest Period;