Eurocurrency Reserve Requirement

Eurocurrency Reserve Requirement. Means, for any Interest Period, the aggregate (without duplication) of the rates (expressed as a decimal) of reserves (including, without limitation, any basic, marginal, supplemental, or emergency reserves) that are required to be maintained by banks during such Interest Period under any regulations of the Board of Governors of the Federal Reserve System, or any other governmental authority having jurisdiction with respect thereto, applicable to funding based on so-called "Eurocurrency... Liabilities", including Regulation D (12 CFR 224). View More