Examples of Comparable Treasury Issue in a sentence
For purposes of Part A above, the following terms shall have the following meanings: “Adjusted Treasury Rate” means, with respect to any redemption date, the rate per yearequal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue,assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the redemption date.
Comparable Treasury Issue “Comparable Treasury Issue” means, with respect to any ResetPeriod, the U.S. Treasury security or securities selected by the Issuer with a maturity date on or about the last day of such Reset Period and that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in U.S. dollars and having a maturity of five years.
If, and only if, weekly average yields for United States Treasury securities for the preceding week are not available in the H.15(519) statistical release or any successor publication, then the Comparable Treasury Yield will be the rate of interest per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price (each as defined herein) as of the date fixed for redemption.
TokABS is a special token used to indicate the sep- aration between the input document and the cited abstracts.
If such release (or any successor release) is not published during the week preceding the relevant Reset Determination Date or does not contain such yields, “5-year U.S. Treasury Rate” shall mean the rate per annum (expressed as a percentage) equal to the yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the relevant Reset Determination Date.