STIBOR definition

STIBOR means the Stockholm inter-bank offered rate.

STIBOR means the Stockholm interbank offered rate;

STIBOR means:the applicable percentage rate per annum displayed on Nasdaq Stockholm’s website for STIBOR fixing (or through another website replacing it) as of or around 11.00 a.m. on the Quotation Day for the offering of deposits in SEK and for a period comparable to the relevant Interest Period; orif no such rate as set out in paragraph (a) above is available for the relevant Interest Period, the rate calculated by the Issuing Agent (rounded upwards to four decimal places) which results from interpolating on a linear basis between (i) the applicablescreen rate for the longest period (for which that screen rate is available) which is less than the Interest Period and (ii) the applicable screen rate for the shortest period (for which that screen rate is available) which exceeds that Interest Period, as of or around 11 a.m. on the Quotation Date; orif no rate is available for the relevant Interest Period pursuant to paragraph (a) and/or(b) above, the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Issuing Agent at its request quoted by leading banks in the Stockholm interbank market reasonably selected by the Issuing Agent, for deposits of SEK 100,000,000 for the relevant period; orif no quotation is available pursuant to paragraph (c) above, the interest rate which according to the reasonable assessment of the Issuing Agent best reflects the interest rate for deposits in SEK offered in the Stockholm interbank market for the relevant period; andif any such rate is below zero, STIBOR will be deemed to be zero.

Examples of STIBOR in a sentence

• As stated in Section 7 below, upon conversion the right to receive interest will fall off as from the previous interest maturity date.The interest rate is settled for each interest period and shall amount to STIBOR plus 2.25%.The Company hereby assumes the loan note and undertakes to make payments in accordance with the conditions stated herein.

• If the Reference Rate from time to time in respect of Floating Rate Notes is specified in the applicable Final Terms as being other than LIBOR, EURIBOR or STIBOR, the Rate of Interest in respect of such Notes will be determined as provided in the applicable Final Terms.

• Relevant Financial Centre shall mean (i) London, in the case of a determination of LIBOR,(ii) Brussels, in the case of a determination of EURIBOR, (iii) Oslo, in the case of a determination of NIBOR, (iv) Stockholm, in the case of a determination of STIBOR, or (v) Reykjavík, in the case of a determination of REIBOR, as specified in the applicable Final Terms or (in the case of Exempt Notes) Pricing Supplement.

• The Fund is a special fund, known as a hedge fund, and has as its goal to achieve, with a good spread of risk, a development in value that exceeds the risk free interest rate, here defined as the STIBOR 30-day rate.

• The coupon payments, which depend on the STIBOR interest rate and the Margin, will vary in accordance with the variability of the STIBOR interest rate.

More Definitions of STIBOR

STIBOR means interest rate benchmark known as the Stockholm interbank offered rate.

STIBOR means Stockholm Interbank Offered Rate For the CZK currency:

STIBOR means, in respect of Swedish Kronor and for any specified period, the interest rate benchmark known as the Stockholm interbank offered rate;

STIBOR means the Stockholm Interbank Offered Rate denominated in Swedish Krona; and

STIBOR means the Stockholm interbank offered rate specified as such in the Final Terms. “Subsequent Margin” means the margin specified as such in the relevant Final Terms. “Subsequent Reset Date” means the date or dates specified in the relevant Final Terms.

STIBOR means the Stockholm inter-bank offered rate determined in accordance with the definition of Screen Rate Determination or Reference Bank Determination as applicable.

STIBOR means Stockholm interbank offered rate;