CUSMA Rules of Origin Regulations — 1
1 The following definitions apply in this Schedule. fixed-rate contract means a loan contract, installment purchase contract or other financing agreement in which the interest rate remains constant throughout the life of the contract or agreement. ( contrat à taux fixe ) interest rate issued by the federal government means (a) in the case of a producer located in Canada, the weekly average of the yield for federal government debt obligations set out in the Bank of Canada’s Daily Digest , (i) if the interest rate is adjusted at intervals of less than one year, under the title “Treasury Bills – 1 Month”, and (ii) in any other case, under the title “Government of Canada benchmark bond yields – 3 Year” for the week that the producer entered into the contract or the week of the most recent interest rate adjustment date, if any, under the contract; (b) in the case of a producer located in Mexico, the yield for federal government debt obligations published by the Banco de Mexico under the title “Certificados de la Tesoreria de la Federacion” for the week that the producer entered into the contract or the week of the most recent interest rate adjustment date, if any, under the contract; and (c) in the case of a producer located in the United States, the yield for federal government debt obligations set out in the Federal Reserve statistical release (H.15) Selected Interest Rates (i) if the interest rate is adjusted at intervals of less than one year, under the title “U.S. government securities, Treasury bills, secondary market”, and (ii) in any other case, under the title “U.S. Government Securities, Treasury constant maturities” for the week that the producer entered into the contract or the week of the most recent interest rate adjustment date, if any, under the contract. ( taux d’intérêt fixé par le gouvernement fédéral) linear interpolation means, with respect to the interest rate issued by the federal government, the application of the following formula: A + [((B - A) × (E - D)) ÷ (C - D)] where A is the interest rate issued by the federal government on debt obligations that are nearest in maturity but of shorter maturity than the weighted average principal maturity of the payment schedule under the fixed-rate contract or variable-rate contract to which they are being compared; B is the interest rate issued by the federal government on debt obligations that are nearest in maturity but of greater maturity than the weighted average principal maturity of that payment schedule; C is the maturity of federal government debt obligations that are nearest in maturity but of greater maturity than the weighted average principal maturity of that payment schedule; D is the maturity of federal government debt obligations that are nearest in maturity but of shorter maturity than the weighted average principal maturity of that payment schedule; and E is the weighted average principal maturity of that payment schedule. ( interpolation linéaire ) payment schedule means the schedule of payments, whether on a weekly, bi-weekly, monthly, yearly or other basis, of principal and interest, or any combination thereof, made by a producer to a lender in accordance with the terms of a fixed-rate contract or variable-rate contract. ( échéancier ) variable-rate contract means a loan contract, installment purchase contract or other financing agreement in which the interest rate is adjusted at intervals during the life of the contract or agreement in accordance with its terms. ( contrat à taux variable ) weighted average principal maturity means, with respect to fixed-rate contracts or variable-rate contracts, the numbers of years, or portion thereof, that is equal to the number obtained by (a) dividing the sum of the weighted principal payments, (i) in the case of a fixed-rate contract, by the original amount of the loan, or (ii) in the case of a variable-rate contract, by the principal balance at the beginning of the interest rate period for which the weighte