FpML-IRD IRD Discounting

[harry.mcallister@xxxxxxxxxxxxxxxxx]

All,

I have submitted a proposal to refactor complex type Discounting, used in
swapStream//calculation/discounting - please see the FpML Issues list #524
(http://www.fpml.org/issues/view.php?id=524).

This should be a completely transparent change, not least because
discounting is rarely used (by the way, can anyone furnish some examples
.... ?), but it would enable us to retire a validation rule (ird-32) by
applying the constraint through schema instead.

Your comments are invited.

Best regards,
Harry McAllister

Fixed Income Architecture
BNP Paribas
+44 20 7595 3416


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