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I This document constitutes the base prospectus of ... - Volksbank AG

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[l] (insert details)<br />

(ii) Margin(s): not applicable<br />

[+/-] [l] per cent. [per annum] [o<strong>the</strong>r]<br />

(iii) Reference rate: not applicable<br />

[l]-Month-EURIBOR ([l]M Euribor)<br />

[l]-Y-Constant Maturity Swap ([l]Y-<br />

CMS)<br />

LIBOR<br />

[l] (insert o<strong>the</strong>r)<br />

(iv) Observation Period: not applicable<br />

from <strong>the</strong> commencement (including) <strong>of</strong><br />

<strong>the</strong> term until <strong>the</strong> end (including) <strong>of</strong> <strong>the</strong><br />

term <strong>of</strong> <strong>the</strong> Notes<br />

from <strong>the</strong> commencement (including) <strong>of</strong><br />

<strong>the</strong> term <strong>of</strong> <strong>the</strong> Notes until <strong>the</strong> last determination<br />

date (including)<br />

[l] (insert details)<br />

(v) Range(s): not applicable<br />

[l]<br />

(vi) Determination date(s): not applicable<br />

interest determination date pursuant to<br />

item 20a(viii)(B))<br />

[l] (insert details)<br />

(vii) Number <strong>of</strong> figures following <strong>the</strong> decimal<br />

point:<br />

(viii) Interest calculation <strong>base</strong><br />

[l]<br />

(A) Screen Rate Determination: not applicable<br />

applicable<br />

- Relevant Time 11:00 a.m. CET<br />

[l]<br />

(If not applicable, delete <strong>the</strong> remaining subparagraphs<br />

<strong>of</strong> this paragraph)<br />

- Interest Determination Date: [l] TARGET Business Days prior to [<strong>the</strong><br />

begin] [<strong>the</strong> end] <strong>of</strong> each Interest Period<br />

[l] (insert o<strong>the</strong>r)<br />

(Insert <strong>the</strong> following <strong>of</strong> Interest Determination<br />

Date is at <strong>the</strong> end <strong>of</strong> <strong>the</strong> applicable Interest<br />

Period):<br />

broken interest amounts are payable at <strong>the</strong><br />

minimum interest rate<br />

broken interest amounts are not payable<br />

[l] (insert details)<br />

- Screen page: Reuters Fixing ISDAFIX2<br />

95

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