Super-types: | None |
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Sub-types: | None |
Name | Rounding |
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Used by (from the same schema document) | Complex Type FloatingRateCalculation |
Abstract | no |
Documentation | A type defining a rounding direction and precision to be used in the rounding of a rate. |
'Specifies the rounding direction.'
'Specifies the rounding precision in terms of a number of decimal places. Note how a percentage rate rounding of 5 decimal places is expressed as a rounding precision of 7 in the FpML document since the percentage is expressed as a decimal, e.g. 9.876543% (or 0.09876543) being rounded to the nearest 5 decimal places is 9.87654% (or 0.0987654).'