Examples of XXXXX Rate in a sentence
In particular, market participants and relevant working groups are exploring alternative reference rates based on XXXXX, including term XXXXX reference rates (which seek to measure the market’s forward expectation of an average XXXXX rate over a designated term).
The market, or a significant part thereof, may adopt an application of XXXXX that differs significantly from that set out in the Conditions as applicable to Notes referencing a XXXXX rate that are issued under this Programme.
The market or a significant part thereof may adopt an application of XXXXX that differs significantly from that set out in the Terms and Conditions of the Notes and used in relation to Floating Rate Notes that reference a XXXXX rate issued under this Prospectus.
It may be difficult for investors in Notes which reference a XXXXX rate to reliably estimate the amount of interest which will be payable on such Notes.
Interest on Notes which reference a XXXXX rate is only capable of being determined at the end of the relevant Observation Period and immediately prior to the relevant Interest Payment Date.