Public-domain · open source
OpenJurist

tenor spread adjustment

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 5802 — in this chapter

The term "tenor spread adjustment" means—

(A) 0.00644 percent for overnight LIBOR;

(B) 0.11448 percent for 1-month LIBOR;

(C) 0.26161 percent for 3-month LIBOR;

(D) 0.42826 percent for 6-month LIBOR; and

(E) 0.71513 percent for 12-month LIBOR.