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

Terms and Conditions of the Notes
under the terms of an agreement incorporating the FBF
Definitions and under which:
(a)
(b)
the Floating Rate is as specified in the relevant Final
Terms; and
the relevant Floating Rate Determination Date (Date
de Détermination du Taux Variable) is the first day of
that Interest Accrual Period unless otherwise
specified in the relevant Final Terms.
For the purposes of this sub-paragraph (A), "Floating Rate"
(Taux Variable), "Calculation Agent" (Agent), "Floating Rate
Determination Date" (Date de Détermination du Taux
Variable) and "Transaction" (Transaction) have the meanings
given to those terms in the FBF Definitions, provided that
"Euribor" means the rate calculated for deposits in euro which
appears on Reuters Page EURIBOR 01, as more fully
described in the relevant Final Terms.
(B)
ISDA Determination for Floating Rate Notes
Where ISDA Determination is specified in the relevant Final
Terms as the manner in which the Rate of Interest is to be
determined, the Rate of Interest for each Interest Accrual
Period shall be determined by the Calculation Agent as a rate
equal to the relevant ISDA Rate plus or minus (as indicated in
the relevant Final Terms) the Margin (if any). For the purposes
of this sub paragraph (B), "ISDA Rate" for an Interest Accrual
Period means a rate equal to the Floating Rate that would be
determined by the Calculation Agent under a Swap
Transaction under the terms of an agreement incorporating
the ISDA Definitions and under which:
(a)
(b)
(c)
the Floating Rate Option is as specified in the relevant
Final Terms;
the Designated Maturity is a period specified in the
relevant Final Terms; and
the relevant Reset Date is the first day of that Interest
Accrual Period unless otherwise specified in the
relevant Final Terms.
For the purposes of this sub-paragraph (B), "Floating Rate",
"Calculation Agent", "Floating Rate Option", "Designated
Maturity", "Reset Date" and "Swap Transaction" have the
meanings given to those terms in the ISDA Definitions.
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