Template:EFET Allowance Annex Default Cost of Carry Rate

“Default Cost of Carry Rate” means the “EUR-EuroSTR-COMPOUND” interest rate in respect of each day in the [[Default Cost of Carry Calculation Period - EFET Allowance Provision|Default Cost of Carry Calculation Period]], provided that if the interest rate would otherwise be less than zero, the interest rate shall be floored at zero and any margin applied thereto;