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FpML-IRD RE: Roll convention for Mexican IRS



Marc,

 

Mexican IRS with lunar rolls have a period of 28 D and a rollConvention of NONE.

 

Kind regards,

John.

 

John Aldridge

____________________________________________________________________________________________________

John Aldridge | IB Rates Technology | J.P. Morgan | 125 London Wall EC2Y 5AJ | T: +44 207 742 0800 | john.aldridge@xxxxxxxxxxxx

 

From: irdwg@xxxxxxxx [mailto:irdwg@xxxxxxxx] On Behalf Of Marc Gratacos
Sent: 22 June 2010 16:55
To: irdwg@xxxxxxxx
Subject: FpML-IRD Roll convention for Mexican IRS

 

I got a question from an implementer regarding MXN swaps, which have a payment frequency of 28 days following the lunar calendar. The question is regarding the roll convention for such swaps. Would it be set up to NONE?

 

Thanks in advance,

Marc

 


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