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Commission Implementing Regulation (EU) 2016/2070 of 14 September 2016 laying down implementing technical standards for templates, definitions and IT-solutions to be used by institutions when reporting to the European Banking Authority and to competent authorities in accordance with Article 78(2) of Directive 2013/36/EU of the European Parliament and of the Council (Text with EEA relevance)
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Commission Implementing Regulation (EU) 2016/2070 is up to date with all changes known to be in force on or before 19 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Interest payment amount | The amount of interest to be paid on the notes for an interest period is equal to the product of: (a) the principal amount of the notes; (b) the applicable interest rate for that interest period; and (c) a fraction, the numerator of which is the number of days in the interest period (calculated on the basis of a 360-day year of twelve 30-day months) and the denominator of which is 360. |
Trade and settlement date | 19 September 2018 |
Interest payment dates | Quarterly, on the 19th day of December, March, June and September, commencing on 19 December 2018 , during the term of the notes (subject to adjustments, as described therein). |
Maturity date | 19 September 2028 |
Currency | USD |
Daycount basis | 30/360 |
Business day convention | Following unadjusted |
Coupon determination date | For each interest period, the second London banking day immediately preceding the relevant interest date. ‘ London banking day ’ means any day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in London and on which dealings in US dollars are transacted in the London interbank market.] |
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