group "RateCalculation.model"
Namespace:
http://www.fpml.org/FpML-5/confirmation
Content:
3 elements
Defined:
globally in fpml-sec-lending-5-11.xsd; see XML source
Includes:
definitions of 3 elements
Used:
at 2 locations
Content Model Diagram
Complex Content Model
fixedRateSchedule | (floatingRateCalculation, resetFrequency?)
Content Model Elements (3):
fixedRateSchedule (defined in RateCalculation.model group),
floatingRateCalculation (defined in RateCalculation.model group),
resetFrequency (defined in RateCalculation.model group)
Known Usage Locations
Annotation
The rate calcualtion for repo and security lending products. Each product has its own terminology, which is reflected in two separate annotations. In Repo case: Return to cash lender is repo rate (interest on cash). In Security Lending case: If cash is used as collateral, interest paid (rebate).
XML Source (w/o annotations (4); see within schema source)
<xsd:group name="RateCalculation.model">
<xsd:choice>
<xsd:element name="fixedRateSchedule" type="Schedule"/>
<xsd:sequence>
<xsd:element name="floatingRateCalculation" type="FloatingRateCalculation"/>
<xsd:element minOccurs="0" name="resetFrequency" type="Frequency"/>
</xsd:sequence>
</xsd:choice>
</xsd:group>
Content Element Detail (all declarations; defined within this component only; 3/3)
fixedRateSchedule
Type:
Schedule, complex content
Annotation 1 [src]:
The fixed repo rate. It is usually fixed for the duration of the agreement but can be changed with mid-life events (rate changes) except for sell/buy-back trades.
Annotation 2 [src]:
The fixed security lending rate. It is usually fixed rebate rate for the duration of the agreement but can be changed with mid-life events (rate changes).
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="fixedRateSchedule" type="Schedule"/>
floatingRateCalculation
Type:
FloatingRateCalculation, complex content
Annotation 1 [src]:
The floating rate index and tenor, with additional definitions relating to the calculation of floating rate amounts, including spread and multiplier. It is used for floating rate repos. For example, floating rate repos on European markets are made against EONIA.
Annotation 2 [src]:
The floating rate index and tenor, with additional definitions relating to the calculation of floating rate amounts, including spread and multiplier. It is use for floating rate security lending. For example, most floating rate security lending on European markets are are against EONIA
XML Source (w/o annotations (1); see within schema source)
resetFrequency
Type:
Frequency, complex content
The floating rate reset frequency.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="resetFrequency" type="Frequency"/>
XML schema documentation generated with DocFlex/XML 1.10b5 using DocFlex/XML XSDDoc 2.8.1 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.