Template:2006 ISDA Definitions 6.2(e)

From The Jolly Contrarian
Jump to navigation Jump to search

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.