Template:2006 ISDA Definitions 6.2(e): Difference between revisions
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{{isdadefsprov|6.2(e)}} “'''{{isdadefsprov|Spread}}'''” means the per annum rate (which may be negative), if any, expressed as a decimal, specified as such for the {{isdadefsprov|Swap Transaction}} or the party. For purposes of determining a {{isdadefsprov|Floating Amount}}, a {{isdadefsprov|Compounding Period Amount}} or a {{isdadefsprov|Basic Compounding Period Amount}}, the {{isdadefsprov|Spread}} will be added to the {{isdadefsprov|Floating Rate}}. <br> | |||
Latest revision as of 14:05, 4 December 2023
6.2(e) “Spread” means the per annum rate (which may be negative), if any, expressed as a decimal, specified as such for the Swap Transaction or the party. For purposes of determining a Floating Amount, a Compounding Period Amount or a Basic Compounding Period Amount, the Spread will be added to the Floating Rate.