element <capRateSchedule> (local)

Namespace:	http://www.fpml.org/FpML-5/confirmation
Type:	StrikeSchedule
Content:	complex, 1 attribute, 4 elements
Defined:	locally within FloatingRate.model group in fpml-shared-5-12.xsd; see XML source

Content Model Diagram

XML Representation Summary

<capRateSchedule

xsd:ID

Content:

initialValue, step*, buyer?, seller?

</capRateSchedule>

Content model elements (4):

buyer (defined in StrikeSchedule complexType),

initialValue (defined in Schedule complexType),

seller (defined in StrikeSchedule complexType),

step (defined in Schedule complexType)

Included in content model of elements (8):

floatingRate (defined in StubValue complexType),

floatingRate (defined in TradeUnderlyer2 complexType),

floatingRate (in floatingAmountCalculation),

floatingRateCalculation,

floatingRateCalculation (defined in InterestAccrualsMethod complexType),

floatingRateCalculation (defined in RateCalculation.model group),

inflationRateCalculation,

rate (defined in AbstractLoanFloatingRateOptionBase complexType)

Annotation

The cap rate or cap rate schedule, if any, which applies to the floating rate. The cap rate (strike) is only required where the floating rate on a swap stream is capped at a certain level. A cap rate schedule is expressed as explicit cap rates and dates and the step dates may be subject to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments. The cap rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A cap rate of 5% would be represented as 0.05.

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

<xsd:element maxOccurs="unbounded" minOccurs="0" name="capRateSchedule" type="StrikeSchedule"/>

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.