Super-types: | None |
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Sub-types: | None |
Name | InterestRatePeriod |
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Used by (from the same schema document) | Complex Type InterestAccrualSchedule , Complex Type LoanContract |
Abstract | no |
Documentation | A full definition of the accrual characteristics of a loan contract. This structure defines both the underlying base rate as well as any additional margins and costs associated with the loan contract. |
'The date on which the underlying interest rate is fixed. It is an actual (adjusted) date. Note: This should default to the effective date of the loan contract in the case of a PRIME base rate.'
'The ISDA Designated Maturity, i.e. the tenor of the floating rate.'
'The actual interest rate, defined as a percentage.'
'Charged as an additional cost for select european deals.'
'The actual percentage rate charged to the borrower. (Interest Rate + Margin + MCR) = All In Rate.'
'The day count basis for the interest rate period.'