FpML Issues Tracker

1080: NotionalStepRule/stepFrequency has incorrect type

January 22, 2012

closed

Major

Always

Interest Rate Derivatives

Admin

h_mcallister

Summary

In NotionalStepRule (type of notionalStepParameters), element stepFrequency has type Period. This type should be reserved for non-recurring intervals e.g. date offsets. The type of stepFrequency should be amended to Frequency.

Also: annotation for stepFrequency should be *amended* to:

The frequency at which *notional* step changes occur. This frequency must be *an integer multiple* of the stream calculation period frequency.

Notes:

  • mgratacos

    05/16/13 7:34 am

    Updated annotation in SVN repository. It will be published in 5.5 Recommendation.

  • mgratacos

    05/27/13 3:46 pm

    The schema change has been committed to SVN revision number 10.229. stepFrequency is now of type Frequency.

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