German translation: gleich dem für den Tag t errechneten Wert
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English to German translations [PRO] Bus/Financial - Finance (general)
English term or phrase:value to day t
Capital, for any Allocation Business Day t following a Suspension Event Date shall be equal to present value to day t (as determined by the Calculation Agent in its sole discretion) of the Suspension Event Redemption Amount due on the Maturity Date.
It would make sense to me if it said "on day t" but this is not a mistake as a similar sentence occurs later in the text with the same construction. So what does this "to" here really want to say? The text is about interest rate derivatives and just lists all sorts of bullet points so, unfortunately, there is not much more context to this.