Reference Bank
From Open Risk Manual
Definition
A Reference Bank in the context of Securitisation is a bank contributing to the determination of an applicable Reference Rate, namely the relevant changing (floating) interest rate for determining Payable Interest Amount and/or other interest rate linked variables
Details
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Variations
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Issues and Challenges
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See Also
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Disclaimer
- This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
- Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced
