Swap Spread definition

Swap Spread means an amount payable by the Issuer to the Equity Contract

Swap Spread means, in respect of any date of determination, the annual rate of interest (expressed as a percentage) above and beyond the effective yield on the Applicable Treasury Security, as of such date of determination, which the fixed-rate payor would be required to pay under an interest rate swap agreement to be entered into on such date of determination in order to receive a floating rate of interest based upon the Eurodollar Rate under such interest rate swap agreement, all as determined by the Agent.

Swap Spread means the difference of (i) the weighted average (weighted based on the Outstanding Balance of the Receivables) APR of the Aggregate Outstanding Balance minus (ii) the weighted average (weighted based on the notional amount of the Hedge Agreements as of the related date of determination) of the fixed interest rates payable by the Borrower under the Hedge Agreements.

Examples of Swap Spread in a sentence

• Credit Spread and Swap Spread Sensitivities We have estimated the immediate impact or sensitivity of our net income attributable to certain instantaneous changes in credit and swap spreads.

• Credit Spread and Swap Spread Sensitivities We have estimated the immediate impact or sensitivity of our shareholder net income attributable to certain instantaneous changes in credit and swap spreads.

• Cross Currency Basis Swap Spread (d) 3-Month Euribor-Eonia and Eonia-German T-Bill SpreadsFigure 5: Time Series of Macro, Liquidity-, and Credit-Risk Variables The time-series evolution of the global variables Euro 50 Index, the USVIX, the Cross-Currency Basis Swap Spread, and the spreads between 3-month Euribor and 3-month Eonia and between 3-month Eonia and the yield of a 3-month German T-Bill are shown in Panels A, B, C, and D, respectively.

• Swap Spread Sensitivities ($ millions, after-tax) (1) Sensitivities have been rounded to the nearest $25 million.

• Swap Spread Arbitrage.The swap data for the study consist of month-end observations of the three-month Li- bor rate and midmarket swap rates for two-, three-, five-, seven-, and ten-year maturity swaps.

More Definitions of Swap Spread

Swap Spread means, as of the date of determination, the nine-year swap spread rate, offer side, as displayed on the Reuters Monitor Money Rate Services page RTRSWP1 (or such other page of such service as may replace such page) as determined by KfW.

Swap Spread means 0.10%.

Swap Spread has the meaning defined in the Pricing Letter.

Swap Spread. The comparable term swap spread under $$$SWAP Index HP published on the release date of the edition of Statistical Release H.15 most recently published prior to 5 Banking Days before the Drop Lock election date, by Bloomberg (rounded upwards to

Swap Spread means, as of the date of determination, the then current ----------- offered margin for a fixed-to-LIBOR-based interest rate swap agreement with an average maturity equal to the weighted average remaining maturity of all Pool Receivables as of such date, assuming prepayment of such Pool Receivables at an average monthly rate equal to the actual monthly rate of prepayment which occurred with respect thereto over the previous twelve month period.

Swap Spread means the difference between the yield of the current benchmark two (2) year U.S. Treasury Note and the current ask price of the two (2) year swap rate each of the foregoing as obtained from the "US Dollar Swap Curve" as provided by Bloomberg as of the date of funding.

Swap Spread. The twenty-year swap spread (bid side) determined by the Calculation Agent as of the Rate Setting Time from Telerate Page 19901, subject to the Swap Spread Fallback.