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    Term Sheet Accrual Swap / Bond For LBB: Zins-/Kreditprodukte - Marktanalyse U. Produktentwicklung

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    jhkhjkhjkh
    This document outlines the key terms of an accrual swap or bond, including: - Start and maturity dates ranging from 3 months to 15 years - Currencies of euro, USD, or GBP - Notional amount of 1,000,000 or more - Counterparty A pays a floating or fixed coupon rate plus/minus a spread - Counterparty B pays coupon rates that mirror the underlying bond - Interest calculation based on reference rates like Euribor or Libor within defined bands - Determination of reference rates through information providers like Telerate

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    Term Sheet Accrual Swap / Bond For LBB: Zins-/Kreditprodukte - Marktanalyse U. Produktentwicklung

    Uploaded by

    jhkhjkhjkh
    45 views2 pages
    This document outlines the key terms of an accrual swap or bond, including: - Start and maturity dates ranging from 3 months to 15 years - Currencies of euro, USD, or GBP - Notional amount of 1,000,000 or more - Counterparty A pays a floating or fixed coupon rate plus/minus a spread - Counterparty B pays coupon rates that mirror the underlying bond - Interest calculation based on reference rates like Euribor or Libor within defined bands - Determination of reference rates through information providers like Telerate

    Original Title

    Accrual_Note.pdf

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    This document outlines the key terms of an accrual swap or bond, including: - Start and maturity dates ranging from 3 months to 15 years - Currencies of euro, USD, or GBP - Notional amount of 1,000,000 or more - Counterparty A pays a floating or fixed coupon rate plus/minus a spread - Counterparty B pays coupon rates that mirror the underlying bond - Interest calculation based on reference rates like Euribor or Libor within defined bands - Determination of reference rates through information providers like Telerate

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    45 views2 pages

    Term Sheet Accrual Swap / Bond For LBB: Zins-/Kreditprodukte - Marktanalyse U. Produktentwicklung

    Uploaded by

    jhkhjkhjkh
    This document outlines the key terms of an accrual swap or bond, including: - Start and maturity dates ranging from 3 months to 15 years - Currencies of euro, USD, or GBP - Notional amount of 1,000,000 or more - Counterparty A pays a floating or fixed coupon rate plus/minus a spread - Counterparty B pays coupon rates that mirror the underlying bond - Interest calculation based on reference rates like Euribor or Libor within defined bands - Determination of reference rates through information providers like Telerate

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    28.04.

    04

    Term Sheet Accrual Swap / Bond for LBB

    Start Date Spot, Forward Start or Forward Start with a fixed payment period
    at the beginning

    Maturity 3 Months up to 15 Years

    Currency Euro, USD, GBP

    Notional 1.000.000,00 and more

    Counterpart A pays

    Coupon Floating or Fixed Rate

    Spread (in Floating case) ± X bp

    Reference (in Floating case) Euribor or Libor

    Day count Act/Act, Act/360, E30/360, 30/360 etc.


    Adjusted or unadjusted, following or modified following

    Roll over 1 Month up to 12 Months

    Counterpart B pays (These Cash Flows are the same as the Cash Flows of the un-
    derlying Bond / SSD)

    Coupon (fixed version) (X% * N), Minimum coupon At % (At ≥ 0,00%)


    act/act, unadjusted, following
    or

    Coupon (floating version) N * (M-Months Euribor + Yt%), Minimum coupon At % (At ≥


    0,00%)

    Definition of N N equals the number of days on which the reference rate equals
    or is higher than Dt% and equals or is below Ut%, divided by the
    total number of days within the interest period. At, Yt%, Dt% and
    Ut% are variable during tenor. M is 1 Month up to 12 Months.

    Interest Interest is calculated only for those days within the interest period
    in which the reference rate is within the rate band mentioned
    above
    For each day, that is a non-Target-business day, the reference
    rate shall be the same rate as of the preceding Target-business
    day.
    Interest is paid on the first Target-business day following the end
    of the interest period on a non-compounding basis.
    The minimum coupon for each interest period is At %.

    Interest period begins on coupon date (included) and ends on the following cou-
    pon date (excluded)

     Zins-/Kreditprodukte - Marktanalyse u. Produktentwicklung


    Seite(2), 28.04.04

    Determination of reference rate Telerate-interest settlement rate for 3-month-EUR-EURIBOR


    according to Bridge Telerate-information provider (page 248) at
    or about 11.00 a.m. (Brussels Time) as published on screen.

    Determination Date of reference two TARGET-business days prior to each day within the cur-
    rate rent interest period

    Interest Calculation Bankgesellschaft Berlin AG


    Agent

    Arranger Bankgesellschaft Berlin AG

    The NPC-approval should be applied for Bankgesellschaft Berlin, Zins- / Kreditprodukte, Structured
    Products Group (London) first, in order to trade these swaps with external counterparts. In a sec-
    ond NPC-approval theses structures should be applied for Landesbank Berlin, Berlin and Landes-
    bank Berlin London Branch in order to issue theses structures as bonds or loans and to close ac-
    crual swaps with external counterparts via Landesbank Berlin, Berlin.

    ZINS/KREDITPRODUKTE
    MARKTANALYSEUNDPRODUKTENTWICKLUNG

    Carlhans Lingemann +49 (0)30 245 61027


    Denise Glas +49 (0)30 245 62012

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