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Template:Nutshell GMRA 12: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{gmraprov|12}}. '''{{gmraprov|Interest}}'''<br> Interest will accrue on due but unpaid amounts, as a separate debt, at the greater of the {{gmraprov|Pricing Rate}} for the...") |
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{{gmraprov|12}}. '''{{gmraprov|Interest}}'''<br> | {{gmraprov|12}}. '''{{gmraprov|Interest}}'''<br> | ||
Interest will accrue on due but unpaid amounts, as a separate debt, at the greater of the {{gmraprov|Pricing Rate}} for the relevant {{gmraprov|Transaction}} and {{gmraprov|LIBOR}} according to the relevant ISMA [[day count convention]], for the actual number of days from (and including) the due date to (but excluding) the actual payment date.<br> | [[Interest]] will accrue on due but unpaid amounts, as a separate debt, at the greater of the {{gmraprov|Pricing Rate}} for the relevant {{gmraprov|Transaction}} and {{gmraprov|LIBOR}} according to the relevant ISMA [[day count convention]], for the actual number of days from (and including) the due date to (but excluding) the actual payment date.<br> | ||