CCT and CCTEU coupons

This section reports the gross six-month and annual interest rates for CCTeus, indexed to the six-month Euribor.

To calculate the CCTeu coupon, a spread is added to the six-month Euribor. The annual rate thus obtained is converted to a semi-annual rate by counting the actual days of the reference six-month period on the basis of the business year, with rounding to the third decimal place. The reference Euribor is the rate published at 11 am two days prior to the date on which the coupons become valid.