Publications

	Table of Contents
p. 25 of 46 BACK | NEXT Section 1: Introduction Section 2: Procedures for Exercising Loan Conversion Options Section 3: Limitations, Restrictions and Establishment of Imprest Account Section 4: Basis for Executing Conversion Transactions A. Certain Definitions Relating to Conversion Transactions B. Conversion Dates C. Failure to Effect Conversion During Execution Period D. Types of Conversion Transactions E. Market Transactions F. Currency Conversion of Unwithdrawn Amounts G. Conversion of Withdrawn Amounts H. Partial Maturity Conversion of Withdrawn Amounts I. Interest Rate Cap or Collar J. Conditional Requests K. Notification of Conversion Transactions L. Interest Payments on Conversion Date Section 5: Specified Rate Fixing (SRF) Section 6: Transaction Fees Section 7: Rounding Convention Used in Conversions

Guidelines for Conversion of Loan Terms for ADB LIBOR-Based Loan Product : Section 4: Basis for Executing Conversion Transactions

---

B. Conversion Dates

4.1 The Conversion Date (which is the start of the Conversion Period) will always fall on the Interest Payment Date next following the Execution Date except as noted below:

1. if the Borrower in the Request selects as the Conversion Date an Interest Payment Date after the Interest Payment Date determined according to paragraph 4.1, then the Conversion will take effect on the Interest Payment Date so selected (this option does not apply to a Currency Conversion of an unwithdrawn portion of the Loan);

2. if the Request is received by ADB within 15 business days prior to an Interest Payment Date, and is for a Currency Conversion of a withdrawn portion of the Loan, an Interest Rate Conversion or the establishment of an Interest Rate Cap or an Interest Rate Collar, the Conversion will take effect on the next subsequent Interest Payment Date following the Interest Payment Date after receipt of the Request; and

3. if the request is for a Currency Conversion of an unwithdrawn portion of the Loan, the Conversion will take effect from the Execution Date.

Back A. Certain Definitions Relating to Conversion Transactions	Next C. Failure to Effect Conversion During Execution Period