Template:2006 ISDA Definitions 6.2(f)

From The Jolly Contrarian
Revision as of 14:00, 4 December 2023 by Amwelladmin (talk | contribs) (Amwelladmin moved page Template:ISDA Definitions 2006 6.2(f) to Template:2006 ISDA Definitions 6.2(f))
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

6.2(f)Floating Rate Day Count Fraction” means, in respect of any calculation of a Floating Amount:

(i) if a Floating Rate Day Count Fraction is specified for the Swap Transaction or the Floating Rate Payer, the Floating Rate Day Count Fraction so specified; and
(ii) if the Floating Rate Option specified as the applicable Floating Rate Option is listed in Section 6.2(g) and a Floating Rate Day Count Fraction is not specified for the Swap Transaction or the Floating Rate Payer, the Day Count Fraction indicated for that Floating Rate Option in Section 6.2(g); and
(iii) in all other cases, if a Floating Rate Option defined in Section 7.1 (Rate Options) is specified as the applicable Floating Rate Option, “Actual/360”.