element <prepaidRate> (local)

Namespace:	http://www.fpml.org/FpML-5/recordkeeping
Type:	PrepaidRate
Content:	complex, 3 elements
Defined:	locally within SecLendInitiation complexType in fpml-sec-lending-5-11.xsd; see XML source

Content Model Diagram

XML Representation Summary

Content:

fixedRate | (floatingRateIndex, indexTenor?)

</prepaidRate>

Content model elements (3):

fixedRate (in prepaidRate),

floatingRateIndex (defined in FloatingRateIndex.model group),

indexTenor (defined in FloatingRateIndex.model group)

Included in content model of elements (1):

initiation

Annotation

Specifies the rate which is applied to cash collateral when the cash collateral is settled ahead of the borrowed security. For example: at the initiation of the transaction, the borrow may post some cash right away, which gets returned overnight and substituted with securities, which would constitute as a collateral going forward. On T-0, you might actually hold some cash, pending the delivery of securities.

XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="prepaidRate" type="PrepaidRate"/>

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.