DIS » Topics » Currency Indexed Notes.

This excerpt taken from the DIS 8-K filed Mar 10, 2005.
Currency Indexed Notes.  Notes may be issued, from time to time, with the principal amount payable on any principal payment date, or the amount of interest payable on any Interest Payment Date, to be determined by reference to the value of one or more currencies (or composite currencies or currency units).  In such event, the currency or currencies (or composite currencies or currency units) to which the principal amount payable on any principal payment date or the amount of interest payable on any Interest Payment Date is indexed, the currency in which the face amount of the Note is denominated (the “Denominated Currency”), and the currency in which principal and interest on the Note will be paid (the “Payment Currency”) will be set forth in the applicable Pricing Supplement.  The Denominated Currency and the Payment Currency may be the same currency or different currencies.  Unless otherwise specified in the applicable Pricing Supplement, interest on currency indexed Notes

 

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shall be paid in the Denominated Currency based on the face amount of the Note at the rate per annum and on the dates set forth in the applicable Pricing Supplement.  Currency indexed Notes may include, but are not limited to, Notes of the types described below.

 

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