element <initialPayment> (local)
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complex, 1 attribute, 7 elements |
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XML Representation Summary |
<initialPayment |
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</initialPayment> |
Content model elements (7):
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Included in content model of elements (1):
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Annotation
Specifies a single fixed payment that is payable by the payer to the receiver on the initial payment date. The fixed payment to be paid is specified in terms of a known currency amount. This element should be used for CDS Index trades, Standard CDS trades, and can be used for CDS trades where it is necessary to represent a payment from Seller to Buyer. For CDS trades where a payment is to be made from Buyer to Seller the feeLeg/singlePayment structure must be used.
XML Source (w/o annotations (1); see within schema source)