What is meant by JPY LIBORBBA? In the following Issue? The Export Development Bank of...
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What is meant by JPY LIBORBBA? In the following Issue? The Export Development Bank of Canada issued a bond on March 17, 2009. The terms were as follows: Currency of denomination: Japanese yen (JPY) Denomination: JPY 100,000,000 Maturity date: March 18, 2019, or an optional redemption date Redemption/payment basis: Redemption at par value Interest payment dates: March 18 and September 18 in each year. Based on LIBORBBA Optional redemption dates: The issuer has the right to call the instruments in whole (but not in part) at par starting on March 18, 2012 O JPY BBA interbank borrowing rate O British Bankers Association office in Tokyo None of the above Japanese yen borrowing bond British Bankers Association bond in JPY
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