HSBC France € 20,000,000,000 Euro Medium Term Note Programme

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· this number shall be increased by the fraction for the relevant period calculated as set out in
the first paragraph of this definition.
(iv)
(v)
(vi)
if "Actual/365 (Fixed)", "Act/365 (Fixed)", "A/365 (Fixed)" or "A/365F" is specified in the
relevant Final Terms, the actual number of days in the Calculation Period divided by 365.
if "Actual/360", "Act/360" or "A/360" is specified in the relevant Final Terms, the actual number
of days in the Calculation Period divided by 360.
if "30/360", "360/360" or "Bond Basis" is specified in the relevant Final Terms, the number of
days in the Calculation Period divided by 360 calculated on a formula basis as follows:
1
Day Count Fraction = 360
x [[360 x ( Y2 - Y1)] + [30 x (M2 - M1)] + (D2 - D1)]
where:
"Y1" is the year, expressed as a number, in which the first day of the Calculation Period falls;
"Y2" is the year, expressed as a number, in which the day immediately following the last day
included the Calculation Period falls;
"M1" is the calendar month, expressed as a number, in which the first day of the Calculation Period
falls;
"M2" is the calendar month, expressed as a number, in which the day immediately following the
last day included the Calculation Period falls;
"D1" is the first calendar day, expressed as a number, of the Calculation Period, unless such
number would be 31, in which case D1 will be 30; and
"D2" is the calendar day, expressed as a number, immediately following the last day included the
Calculation Period, unless such number would be 31 and D1 greater than 29, in which case D2
will be 30.
(vii)
if "30/360-FBF" or "Actual 30A/360 (American Bond Basis)" is specified in the relevant Final
Terms, in respect of each Calculation Period, the fraction whose denominator is 360 and whose
numerator is the number of days calculated as for 30 E /360-FBF, subject to the following exception:
where the last day of the Calculation Period is the 31 st and the first day is neither the 30 th nor the
31 st , the last month of the Calculation Period shall be deemed to be a month of 31 days.
The fraction is:
If dd2 = 31 and dd1 ¹ (30,31)
then :
1
360
or
1
360
x [(yy2 – yy1) x 360 + (mm2 – mm1) x 30 + (dd2 – dd1)]
x [(yy2 – yy1) x 360 + (mm2 – mm1) x 30 + Min (dd2 , 30) – Min (dd1 , 30)]