30Year Treasury Rate

30Year Treasury Rate. Means (i) the yield, under the heading which represents the average for the week immediately prior to the date of calculation, appearing in the most recently published statistical release designated H.15(519) or any successor publication which is published weekly by the Federal Reserve and which establishes yields on actively traded United States Treasury securities for the 30 year treasury bonds (or if 30 year treasury bonds are no longer issued, the longest maturity treasury bond then being... issued) or (ii) if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the Reset Date. The 30-Year Treasury Rate shall be calculated by the Remarketing Agent on the third Business Day preceding the Reset Date. View More