Examples of Swap Rate in a sentence
In respect of the outstanding Covered Bonds which are not denominated in Sterling, the Principal Amount Outstanding of such Covered Bonds shall be the equivalent in Sterling at the relevant Covered Bond Swap Rate.
First Reset Period Fallback Rate: The Mid Swap Rate displayed on the Subsequent Reset Rate Screen Page at the then-latest time and date on which such Mid Swap Rate was so displayed, as determined by the Agent in consultation with the Issuer (or, failing any such determination, -0.314 per cent.).
If you are long on a Margin FX Contract where the bought currency interest rates are higher than the sold currency interest rates you will receive interest at the Swap Rate if you hold the Contract overnight and do not close it before the settlement time.
Underlying Asset(s): The Notes are linked to the 30-Year USD Swap Rate, the 2-Year USD Swap Rate, the 3-Month USD LIBOR and the 3-Month USD LIBOR (IP) (each as defined below).
The interest paid on these loans can fluctuate with changes in the floating interest rate, which is affected by external factors and notably movements in the Bank Bill Swap Rate (BBSW).