(London time) on the LIBOR Determination Date for that Dividend Period. If such rate does not appear on Reuters Screen LIBOR01 Page, Three-month LIBOR will be determined on the basis of the rates at which deposits in United States dollars for a three-month period commencing on the first ...
LIBOR is being phased out. According to the Federal Reserve and regulators in the UK, LIBOR will be phased out by June 30, 2023, and will be replaced by theSecured Overnight Financing Rate(SOFR). As part of this phase-out, LIBOR one-week and two-month USD LIBOR rates will no longer ...
(London time) on the LIBOR Determination Date for that Dividend Period. If such rate does not appear on Reuters Screen LIBOR01 Page, Three-month LIBOR will be determined on the basis of the rates at which deposits in United States dollars for a three-month period commencing on the first ...
Other equivalent short-term reference rates include theLondon Interbank Offered Rate(LIBOR),Euro Interbank Offered Rate(EURIBOR), Nigerian Interbank Offered Rate (NIBOR), Norwegian Inter-Bank Offered Rate (NIBOR), etc.
LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in resp...