Barclays, Base Prospectus 2006
Barclays, Base Prospectus 2006
Barclays, Base Prospectus 2006
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amount to [insert broken amount] per Specified Denomination]. [[in case of a short/long last<br />
coupon insert:] Interest in respect of the period from and including [insert fixed interest date<br />
preceding the Maturity Date] to but excluding the Maturity Date will amount to [insert broken<br />
amount] per Specified Denomination].<br />
(2) "Interest Period" means the period from and including the Interest Commencement Date to but<br />
excluding the First Interest Payment Date and any subsequent period from and including an<br />
Interest Payment Date to and excluding the next Interest Payment Date.]<br />
[[In the case of Floating Rate [Notes] [Certificates] and index, currency, commodity or equity<br />
linked interest [Notes] [Certificates] or Dual Currency [Notes] [Certificates] insert:]<br />
(1) Interest Payment Dates.<br />
(a) The [Notes] [Certificates] bear interest on their [principal amount] [par value] from and<br />
including [insert interest commencement date] (the "Interest Commencement Date")<br />
to but excluding the first Interest Payment Date and thereafter from and including each<br />
Interest Payment Date to but excluding the next following Interest Payment Date. Interest<br />
on the [Notes] [Certificates] shall be payable [in arrear] on each Interest Payment Date.<br />
(b) "Interest Payment Date" means [in the case of specified interest payment dates insert:<br />
each [insert specified interest payment dates].] [in the case of specified interest periods<br />
insert: each date which (except as otherwise provided in these Terms and Conditions)<br />
falls [insert number] [weeks] [months] [insert other specified periods] after the<br />
preceding Interest Payment Date or, in the case of the first Interest Payment Date, after<br />
the Interest Commencement Date.] If any Interest Payment Date would fall on a day<br />
which is not a Business Day (as defined in §5(2)), the payment date shall be:<br />
[if Modified Following Business Day Convention insert: postponed to the next day<br />
which is a Business Day unless it would thereby fall into the next calendar month, in<br />
which event the Interest Payment Date shall be the immediately preceding Business<br />
Day.]<br />
[if Floating Rate [Notes] [Certificates] Convention ("FRN Convention") insert:<br />
postponed to the next day which is a Business Day unless it would thereby fall into the<br />
next calendar month, in which event (i) the Interest Payment Date shall be the<br />
immediately preceding Business Day and (ii) each subsequent Interest Payment Date<br />
shall be the last Business Day in the month which falls [[insert number] months] [insert<br />
other specified periods] after the preceding applicable Interest Payment Date.]<br />
[if Following Business Day Convention insert: postponed to the next day which is a<br />
Business Day.]<br />
[if Preceding Business Day Convention insert: the immediately preceding Business<br />
Day.]<br />
(2) Rate of Interest. The rate of interest ("Rate of Interest") for each Interest Period (as defined<br />
below) will be<br />
[In case of Floating Rate [Notes] [Certificates] insert]<br />
[[Where ISDA Determination is specified insert:]<br />
the relevant ISDA Rate (as defined below) [plus] [minus] a Margin of [specify margin] per cent.<br />
per annum (the "Margin").<br />
"ISDA Rate" means a rate equal to the Floating Rate that would be determined by the<br />
Determination Agent under an interest rate swap transaction if the Determination Agent were<br />
acting as Determination Agent for that swap transaction under the terms of an agreement<br />
incorporating the 2000 ISDA Definitions and the 1998 ISDA Euro Definitions, each as amended