HICP Daily Inflation Reference Index definition

HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

HICP Daily Inflation Reference Index means (i) in relation to the first day of any given calendar month, the HICP Monthly Reference Index of the third calendar month preceding such month, and (ii) in relation to a day D (other than the first day) in any given month ("M"), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third calendar month preceding such month ("M – 3") and the second calendar month preceding such month ("M – 2") calculated in accordance with the following formula:HICP Daily Inflation Reference Index =HICP Monthly Reference IndexM-3 + D-1 x (HICP Monthly Reference IndexM-2- NDM HICP Monthly Reference Index M-3) With:

HICP Daily Inflation Reference Index means (i) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceeding such month, and (ii) in relation to a day

Examples of HICP Daily Inflation Reference Index in a sentence

• In the event Eurostat decides to proceed with one or more base changes for the purpose of calculating the HICP Monthly Reference Index, the two HICP Monthly Reference Indexes which have been calculated on a different basis will be chained on the basis of the December HICP Monthly Reference Index of the last year of joint publications, which corresponds to the HICP Daily Inflation Reference Index for 1st March of the following year.

• For information purposes, such HICP Daily Inflation Reference Index appears on the Agence France Trésor Reuters page OATEI01, on the website www.aft.gouv.fr.

• For information purposes, such HICP Daily Inflation Reference Index appears on the Agence Française du Trésor Reuters Screen page OATEI01, on the website www.aft.gouv.fr.

• For the purpose of this Condition 5(c)(iv)(B), the Inflation Index Ratio or IIR is the ratio between (i) the HICP Daily Inflation Reference Index (as defined below) applicable upon any Interest Payment Date or the redemption date, as the case may be and (ii) the base reference defined as the HICP Daily Inflation Reference Index (as defined below) applicable on the date specified in the applicable Final Terms (the Base Reference).

• Notwithstanding Condition 5(h)(iii), the HICP Daily Inflation Reference Index will be rounded if necessary to five significant figures (with halves being rounded up).

• For the purpose of this Condition 6(b)(iii)(B), the Inflation Index Ratio or IIR is the ratio between (i) the HICP Daily Inflation Reference Index (as defined below) applicable upon any Interest Payment Date or the redemption date, as the case may be and (ii) the base reference defined as the HICP Daily Inflation Reference Index (as defined below) (the Base Reference) applicable on the date specified in the applicableFinal Terms.

• HICP Monthly Reference IndexM-2: price index of month M-2;HICP Monthly Reference IndexM-3: price index of month M-3.Notwithstanding Condition 6(b)(xii)(C), the HICP Daily Inflation Reference Index will be rounded if necessary to five significant figures (with halves being rounded up).

• For the purpose of this Condition 4.3(b), the “Inflation Index Ratio” or “IIR” is the ratio between (i) the HICP Daily Inflation Reference Index (as defined below) applicable upon any Interest Payment Date or the redemption date, as the case may be and (ii) the base reference defined as the HICP Daily Inflation Reference Index (as defined below) applicable on the date specified in the applicable Final Terms (the “Base Reference).

• Notwithstanding Condition 5(j)(iv), the HICP Daily Inflation Reference Index will be rounded if necessary to five significant figures (with halves being rounded up).

• These expenses will, for the purpose of this agreement only, be depreciated on a straight line basis over five years.

More Definitions of HICP Daily Inflation Reference Index

HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other

HICP Daily Inflation Reference Index means (i) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceeding such month, and (ii) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertainingrespectively to the third month preceeding such month (M - 3) and the second month preceeding such month (M - 2) calculated in accordance with the following formula: HICP Daily Inflation Reference Index = HICPMonthlyReference IndexM−3 + D −1 ×(HICPMonthlyRefer Where:

HICP Daily Inflation Reference Index means (i) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceeding such month, and (ii) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceeding such month (M - 3) and the second month preceeding such month (M - 2) calculated in accordance with the following formula: