Examples of T-Bill Rate in a sentence
Municipal Funds A balance credit equal to 75% of the average demand deposit account balance in the custodian account for the month billed times the 30 day T-Bill Rate on the last Monday of the month billed, will be applied against the month's custodian bill.
MUNICIPAL FUNDS A balance credit equal to 75% of the average demand deposit account balance in the custodian account for the month billed times the 30 day T-Bill Rate on the last Monday of the month billed, will be applied against the month's custodian bill.
The holders of the Series 2 Preference Shares will be entitled to receive floating rate cumulative preferential cash dividends, equal to the T-Bill Rate plus 2.62%.
A balance credit equal to 75% of the average demand deposit account balance in the custodian account for the month billed times the 30 day T-Bill Rate on the last Monday of the month billed, will be applied against the month's custodian bill.
Calculation of T-Bill Rate The T-Bill Rate effective beginning on each Reset Date shall be the rate for the applicable Treasury Bill auction as reported in the most recent Treasury Auction Press Release for the Designated Maturity under the heading “High Rate” that has been converted into a simple-interest money market yield computed on an Actual/360 basis.