DRV-F wikitext: Difference between revisions
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{{DRVF 12}} | {{DRVF 12}} | ||
{{drvfprov|5}} '''{{drvfprov|Reference Basis}}'''<br> | {{drvfprov|5}} '''{{drvfprov|Reference Basis}}'''<br> | ||
:{{drvfprov|5(1)}} Where a floating interest rate, exchange rate, price or other calculation basis ('''{{drvfprov|Floating Basis}}''') has been agreed in respect of a {{drvfprov|Transaction}}, the Bank shall notify the Counterparty of the underlying reference basis on the day such {{drvfprov|Floating Basis}} is to be determined ('''{{drvfprov|Calculation Date}}''') or promptly thereafter.<br> | :{{drvfprov|5(1)}} Where a floating interest rate, exchange rate, price or other calculation basis ('''{{drvfprov|Floating Basis}}''') has been agreed in respect of a {{drvfprov|Transaction}}, the Bank shall notify the Counterparty of the underlying reference basis on the day such {{drvfprov|Floating Basis}} is to be determined ('''{{drvfprov|Calculation Date}}''') or promptly thereafter.<br> |