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Table of Contents
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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
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 7: Rounding Convention Used in Conversions

7.0 ADB will round all currency amounts to the nearest applicable whole currency unit (e.g., 1 USD, 1 Euro, 1 Yen). ADB will round interest rates to two decimal places and exchange rates to four decimal places. In each case, ADB will round upwards if the number ends in a figure of five or above, and downwards if the number ends in a figure below five.



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D. Transaction Fees and Unwinding Amounts
Guidelines for Conversion of Loan Terms for ADB LIBOR-Based Loan Product>>