USD-SOFR-SHIFT-COMPOUND definition
USD-SOFR-SHIFT-COMPOUND means the rate of return of a daily compounded interest investment (with the SOFR as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms) on the Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the nearest one hundred-thousandth of a percentage point, 0.000005 being rounded upwards:
USD-SOFR-SHIFT-COMPOUND means the rate of return of a daily compound interest investment (with the SOFR as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the U.S. Government Securities Business Day following each SOFR Interest Determination Date, as follows:
USD-SOFR-SHIFT-COMPOUND means the rate of return of a daily compounded interest investment (with the SOFR as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the U.S. Government Securities Business Day following each each Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the nearest one hundred-thousandth of a percentage point, 0.000005 being rounded upwards:
More Definitions of USD-SOFR-SHIFT-COMPOUND
USD-SOFR-SHIFT-COMPOUND means the rate of return of a daily compounded
USD-SOFR-SHIFT-COMPOUND means the rate of return of a daily compound interest investment (with the SOFR as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest appointed by the Issuer, which is an independent financial institution of international repute and an independent financial expert with appropriate expertise, as specified in the applicable Final Terms) on the U.S. Government Securities Business Day following each SOFR Interest Determination Date, as follows:
USD-SOFR-SHIFT-COMPOUND means the rate of return of a daily compounded interest investment (with the SOFR as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as
USD-SOFR-SHIFT-COMPOUND means the rate of return of a daily compound interest investment (with the SOFR as the reference