CORRA Compounded Index definition

CORRA Compounded Index means the measure of the cumulative impact of CORRA compounding over time administered and published by the Bank of Canada (or any successor Reference Rate Administrator).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

CORRA Compounded Index means the index known as the CORRA Compounded Index administered by the Bank of Canada (or any successor administrator thereof).

CORRA Compounded Index means the measure of the cumulative impact of CORRA compounding over time administered and published by the CORRA Reference Rate Administrator.

More Definitions of CORRA Compounded Index

CORRA Compounded Index means the measure of the cumulative impact of CORRA compounding over time administered by the Bank of Canada (or any successor administrator) and published on the website of the Bank of Canada (or any successor website).

CORRA Compounded Index means the measure of the cumulative impact of the CORRA reference rate compounding over time, as administered and published by the Bank of Canada (or any successor administrator), and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the applicable Final Terms) in respect of any Observation Period as follows, with the resulting percentage rounded if necessary to the fifth decimal place, with 0.000005 being rounded upwards:

Related to CORRA Compounded Index

SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);
Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified in the relevant Final Terms;