Under the Euro Medium Term Note Programme ... - Finance - EDF

Terms and Conditions of the Notes
during the Calculation Period and whose denominator is 365. If part
of that Calculation Period falls in a leap year, Actual /365 – FBF shall
mean the sum of (i) the fraction whose numerator is the actual
number of days elapsed during the non-leap year and whose
denominator is 365 and (ii) the fraction whose numerator is the
number of actual days elapsed during the leap year and whose
denominator is 366;
(ii)
(iii)
(iv)
if "Actual/Actual – FBF" is specified in the relevant Final Terms in
respect of each calculation, the fraction whose numerator is the
actual number of days elapsed during such period and whose
denominator is 365 (or 366 if 29 February falls within the Calculation
Period);
if "Actual/Actual" or "Actual/Actual – ISDA" is specified in the
relevant Final Terms, the actual number of days in the Calculation
Period divided by 365 (or, if any portion of that Calculation Period
falls in a leap year, the sum of (A) the actual number of days in that
portion of the Calculation Period falling in a leap year divided by 366
and (B) the actual number of days in that portion of the Calculation
Period falling in a non-leap year divided by 365);
if "Actual/Actual – ICMA" is specified in the relevant Final Terms:
(A)
(B)
if the Calculation Period is equal to or shorter than the
Determination Period during which it falls, the number of days
in the Calculation Period divided by the product of (x) the
number of days in such Determination Period and (y) the
number of Determination Periods normally ending in any year;
and
if the Calculation Period is longer than one Determination
Period, the sum of:
the number of days in such Calculation Period falling
in the Determination Period in which it begins divided
by the product of (1) the number of days in such
Determination Period and (2) the number of
Determination Periods normally ending in any year;
and
the number of days in such Calculation Period falling
in the next Determination Period divided by the
product of (1) the number of days in such
Determination Period and (2) the number of
Determination Periods normally ending in any year;
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