FpML Issues Tracker

1366: calculationPeriodDatesAdjustments

January 8, 2025

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Summary

What is this Swap section used for? The business day convention and business center are already covered in;

calculationPeriodDates/effectiveDate/dateAdjustments/businessDayConvention

calculationPeriodDates/effectiveDate/dateAdjustments/businessCenters

and;

calculationPeriodDates/terminationDate/dateAdjustments/businessDayConvention

calculationPeriodDates/terminationDate/dateAdjustments/businessCenters

Notes:

  • JasonPolis

    01/09/25 8:09 am

    Please add an example of and/or XPaths to the Swap section of interest to this ticket.

     

  • BrianGibbons

    01/09/25 9:20 am

    <swap>
    <swapStream id=”floatingLeg”>
    <payerPartyReference href=”partyA”/>
    <receiverPartyReference href=”partyB”/>
    <calculationPeriodDates id=”floatingLegCalcPeriodDates”>
    <effectiveDate>
    <unadjustedDate>2024-12-11</unadjustedDate>
    <dateAdjustments>******************************
    <businessDayConvention>MODFOLLOWING</businessDayConvention><businessCenters>
    <businessCenter>EUTA</businessCenter>
    </businessCenters>
    </dateAdjustments>******************************
    </effectiveDate>
    <terminationDate>
    <unadjustedDate>2034-12-11</unadjustedDate>
    <dateAdjustments>******************************
    <businessDayConvention>MODFOLLOWING</businessDayConvention>
    <businessCenters>
    <businessCenter>EUTA</businessCenter>
    </businessCenters>
    </dateAdjustments>******************************
    </terminationDate>
    <calculationPeriodDatesAdjustments>******************************
    <businessDayConvention>MODFOLLOWING</businessDayConvention>
    <businessCenters>
    <businessCenter>EUTA</businessCenter>
    </businessCenters>
    </calculationPeriodDatesAdjustments>******************************

  • JasonPolis

    01/09/25 9:41 am

    The calculationPeriodDatesAdjustments adjust the “calculation period end dates” of the regular periods. There may be stub periods of different lengths on either side of the regular periods with adjustable effective and termination dates. See also the firstPeriodStartDate and firstRegularPeriodStartDate.

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