http://www.fpml.org/spec/2003/wd-fpml-4-0-2003-08-04
http://www.fpml.org/spec/2003/wd-fpml-4-0-2003-08-04
wd-fpml-4-0-2003-04-04
http://www.fpml.org/spec/errata/wd-fpml-4-0-2003-08-04-errata.html
Copyright © 2002-2003. All rights reserved.
Financial Products Markup Language is subject to the FpML public license
A copy of this license is available at
http://www.fpml.org/documents/license
XSL Schema Processing Developed By:
Andrew Jacobs, Senior Consultant, IBM.
e-mail: andrew_jacobs@uk.ibm.com
XSL Schema Processing Also Supported By:
Brian Lynn, Founder and CTO, Gem Soup LLC.
e-mail: brian.lynn@gemsoup.com
A deliverable obligation characteristic. An obligation at time of default is due to mature and due to be repaid, or as a result of downgrade/bankruptcy is due to be repaid as a result of an acceleration clause. ISDA 2003 Term: Accelerated or Matured
Element acceleratedOrMatured is defined by the complex type DeliverableObligationCharac
<xsd:element name="acceleratedOrMatured" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. An obligation at time of
default is due to mature and due to be repaid, or as a result of
downgrade/bankruptcy is due to be repaid as a result of an
acceleration clause. ISDA 2003 Term: Accelerated or Matured
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A deliverable obligation characteristic. A loan that is freely assignable to a bank or financial institution without the consent of the Reference Entity or the guarantor, if any, of the loan (or the consent of the applicable borrower if a Reference Entity is guaranteeing the loan) or any agent. ISDA 2003 Term: Assignable Loan
Element assignableLoan is defined by the complex type PCDeliverableObligationCharac
<xsd:element name="assignableLoan" substitutionGroup="deliverableObligationCharac" type="PCDeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. A loan that is freely
assignable to a bank or financial institution without the consent
of the Reference Entity or the guarantor, if any, of the loan (or
the consent of the applicable borrower if a Reference Entity is
guaranteeing the loan) or any agent. ISDA 2003 Term: Assignable
Loan
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A credit event. The reference entity has been dissolved or has become insolvent. It also covers events that may be a precursor to insolvency such as instigation of bankruptcy or insolvency proceedings. Sovereign trades are not subject to Bankruptcy as "technically" a Sovereign cannot become bankrupt. ISDA 2003 Term: Bankruptcy
Element bankruptcy is defined by the complex type CreditEvent
<xsd:element name="bankruptcy" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. The reference entity has been dissolved or has
become insolvent. It also covers events that may be a precursor
to insolvency such as instigation of bankruptcy or insolvency
proceedings. Sovereign trades are not subject to Bankruptcy as
"technically" a Sovereign cannot become bankrupt. ISDA 2003 Term:
Bankruptcy
</xsd:documentation>
</xsd:annotation>
</xsd:element>
This element contains all the. ISDA terms relevant to cash settlement for when cash settlement is applicable. ISDA 2003 Term:
Element cdsCashSettlementTerms is defined by the complex type CashSettlementTerms
<xsd:element name="cdsCashSettlementTerms" substitutionGroup="settlementTerms" type="CashSettlementTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relevant to cash
settlement for when cash settlement is applicable. ISDA 2003
Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A deliverable obligation characteristic. A loan that is capable of being assigned with the consent of the Reference Entity or the guarantor, if any, of the loan or any agent. ISDA 2003 Term: Consent Required Loan
Element consentRequiredLoan is defined by the complex type PCDeliverableObligationCharac
<xsd:element name="consentRequiredLoan" substitutionGroup="deliverableObligationCharac" type="PCDeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. A loan that is capable
of being assigned with the consent of the Reference Entity or the
guarantor, if any, of the loan or any agent. ISDA 2003 Term:
Consent Required Loan
</xsd:documentation>
</xsd:annotation>
</xsd:element>
In a credit default swap one party (the protection seller) agrees to compensate another party (the protection buyer) if a specified company or Sovereign (the reference entity) experiences a credit event, indicating it is or may be unable to service its debts. The protection seller is typically paid a fee and/or premium, expressed as an annualized percent of the notional in basis points, regularly over the life of the transaction or otherwise as agreed by the parties.
Element creditDefaultSwap is defined by the complex type CreditDefaultSwap
<xsd:element name="creditDefaultSwap" substitutionGroup="product" type="CreditDefaultSwap">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In a credit default swap one party (the protection seller) agrees
to compensate another party (the protection buyer) if a specified
company or Sovereign (the reference entity) experiences a credit
event, indicating it is or may be unable to service its debts.
The protection seller is typically paid a fee and/or premium,
expressed as an annualized percent of the notional in basis
points, regularly over the life of the transaction or otherwise
as agreed by the parties.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
All credit event elements belong to the creditEvent substitution group.
Element creditEvent is defined by the complex type CreditEvent
<xsd:element abstract="true" name="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
All credit event elements belong to the creditEvent substitution
group.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
All elements used to represent deliverable obligation characteristics that are not also obligation characteristics belong to the substitution group deliverableObligationCharac Elements that represent both obligation characteristics and deliverable obligation characteristics belong to the obligationCharacteristic substitution group. ISDA 2003 Term: Deliverable Obligation Characteristics
Element deliverableObligationCharac is defined by the complex type DeliverableObligationCharac
<xsd:element abstract="true" name="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
All elements used to represent deliverable obligation
characteristics that are not also obligation characteristics
belong to the substitution group deliverableObligationCharac
Elements that represent both obligation characteristics and
deliverable obligation characteristics belong to the
obligationCharacteristic substitution group. ISDA 2003 Term:
Deliverable Obligation Characteristics
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A deliverable obligation characteristic. A loan with a participation agreement whereby the buyer is capable of creating, or procuring the creation of, a contractual right in favour of the seller that provides the seller with recourse to the participation seller for a specified share in any payments due under the relevant loan which are received by the participation seller. ISDA 2003 Term: Direct Loan Participation
Element directLoanParticipation is defined by the complex type DirectLoanParticipation
<xsd:element name="directLoanParticipation" substitutionGroup="deliverableObligationCharac" type="DirectLoanParticipation">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. A loan with a
participation agreement whereby the buyer is capable of creating,
or procuring the creation of, a contractual right in favour of
the seller that provides the seller with recourse to the
participation seller for a specified share in any payments due
under the relevant loan which are received by the participation
seller. ISDA 2003 Term: Direct Loan Participation
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A credit event. This credit event triggers, after the expiration of any applicable grace period, if the reference entity fails to make due payments in an aggregrate amount of not less than the payment requirement on one or more obligations (e.g. a missed coupon payment). ISDA 2003 Term: Failure to Pay
Element failureToPay is defined by the complex type FailureToPay
<xsd:element name="failureToPay" substitutionGroup="creditEvent" type="FailureToPay">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. This credit event triggers, after the expiration
of any applicable grace period, if the reference entity fails to
make due payments in an aggregrate amount of not less than the
payment requirement on one or more obligations (e.g. a missed
coupon payment). ISDA 2003 Term: Failure to Pay
</xsd:documentation>
</xsd:annotation>
</xsd:element>
An obligation and deliverable obligation characteristic. Indicates whether or not the obligation is quoted, listed or ordinarily purchased and sold on an exchange. ISDA 2003 Term: Listed
Element listed is defined by the complex type ObligationCharacteristic
<xsd:element name="listed" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic.
Indicates whether or not the obligation is quoted, listed or
ordinarily purchased and sold on an exchange. ISDA 2003 Term:
Listed
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A deliverable obligation characteristic. An obligation that has a remaining maturity from the Physical Settlement Date of not greater than the period specified. ISDA 2003 Term: Maximum Maturity
Element maximumMaturity is defined by the complex type MaximumMaturity
<xsd:element name="maximumMaturity" substitutionGroup="deliverableObligationCharac" type="MaximumMaturity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. An obligation that has a
remaining maturity from the Physical Settlement Date of not
greater than the period specified. ISDA 2003 Term: Maximum
Maturity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A deliverable obligation characteristic. Any obligation that is not a bearer instrument. This applies to Bonds only and is meant to avoid tax, fraud and security/delivery provisions that can potentially be associated with Bearer Bonds. ISDA 2003 Term: Not Bearer
Element notBearer is defined by the complex type DeliverableObligationCharac
<xsd:element name="notBearer" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. Any obligation that is
not a bearer instrument. This applies to Bonds only and is meant
to avoid tax, fraud and security/delivery provisions that can
potentially be associated with Bearer Bonds. ISDA 2003 Term: Not
Bearer
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A deliverable obligation characteristic. In essense Not Contingent means the repayment of principal cannot be dependant on a formula/index, i.e. to prevent the risk of being delivered an instrument that may never pay any element of principal, and to ensure that the obligation is interest bearing (on a regular schedule). ISDA 2003 Term: Not Contingent
Element notContingent is defined by the complex type DeliverableObligationCharac
<xsd:element name="notContingent" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. In essense Not
Contingent means the repayment of principal cannot be dependant
on a formula/index, i.e. to prevent the risk of being delivered
an instrument that may never pay any element of principal, and to
ensure that the obligation is interest bearing (on a regular
schedule). ISDA 2003 Term: Not Contingent
</xsd:documentation>
</xsd:annotation>
</xsd:element>
An obligation and deliverable obligation characteristic. Any obligation that is payable in any currency other than the domestic currency. Domestic currency is either the currency so specified or, if no currency is specified, the currency of (a) the reference entity, if the reference entity is a sovereign, or (b) the jurisdiction in which the relevant reference entity is organised, if the reference entity is not a sovereign. ISDA 2003 Term: Not Domestic Currency
Element notDomesticCurrency is defined by the complex type CurrencyObligationCharac
<xsd:element name="notDomesticCurrency" substitutionGroup="obligationCharacteristic" type="CurrencyObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. Any
obligation that is payable in any currency other than the
domestic currency. Domestic currency is either the currency so
specified or, if no currency is specified, the currency of (a)
the reference entity, if the reference entity is a sovereign, or
(b) the jurisdiction in which the relevant reference entity is
organised, if the reference entity is not a sovereign. ISDA 2003
Term: Not Domestic Currency
</xsd:documentation>
</xsd:annotation>
</xsd:element>
An obligation and deliverable obligation characteristic. Any obligation other than an obligation that was intended to be offered for sale primarily in the domestic market of the relevant Reference Entity. This specifies that the obligation must be an internationally recognized bond. ISDA 2003 Term: Not Domestic Issuance
Element notDomesticIssuance is defined by the complex type ObligationCharacteristic
<xsd:element name="notDomesticIssuance" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. Any
obligation other than an obligation that was intended to be
offered for sale primarily in the domestic market of the relevant
Reference Entity. This specifies that the obligation must be an
internationally recognized bond. ISDA 2003 Term: Not Domestic
Issuance
</xsd:documentation>
</xsd:annotation>
</xsd:element>
An obligation and deliverable obligation characteristic. If the reference entity is a Sovereign, this means any obligation that is not subject to the laws of the reference entity. If the reference entity is not a sovereign, this means any obligation that is not subject to the laws of the jurisdiction of the reference entity. ISDA 2003 Term: Not Domestic Law
Element notDomesticLaw is defined by the complex type ObligationCharacteristic
<xsd:element name="notDomesticLaw" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. If the
reference entity is a Sovereign, this means any obligation that
is not subject to the laws of the reference entity. If the
reference entity is not a sovereign, this means any obligation
that is not subject to the laws of the jurisdiction of the
reference entity. ISDA 2003 Term: Not Domestic Law
</xsd:documentation>
</xsd:annotation>
</xsd:element>
An obligation and deliverable obligation characteristic. Any obligation that is not primarily (majority) owed to a Sovereign or Supranational Organization. ISDA 2003 Term: Not Sovereign Lender
Element notSovereignLender is defined by the complex type ObligationCharacteristic
<xsd:element name="notSovereignLender" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. Any
obligation that is not primarily (majority) owed to a Sovereign
or Supranational Organization. ISDA 2003 Term: Not Sovereign
Lender
</xsd:documentation>
</xsd:annotation>
</xsd:element>
An obligation and deliverable obligation characteristic. An obligation that ranks at least equal with the most senior Reference Obligation in priority of payment or, if no Reference Obligation is specified in the related Confirmation, the obligations of the Reference Entity that are senior. ISDA 2003 Term: Not Subordinated
Element notSubordinated is defined by the complex type ObligationCharacteristic
<xsd:element name="notSubordinated" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. An
obligation that ranks at least equal with the most senior
Reference Obligation in priority of payment or, if no Reference
Obligation is specified in the related Confirmation, the
obligations of the Reference Entity that are senior. ISDA 2003
Term: Not Subordinated
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A credit event. One or more of the obligations have been declared due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event other than failure to pay (preferred by the market over Obligation Default, because more definitive and encompasses the definition of Obligation Default - this is more favorable to the Seller). Subject to the default requirement amount. ISDA 2003 Term: Obligation Acceleration
Element obligationAcceleration is defined by the complex type CreditEvent
<xsd:element name="obligationAcceleration" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. One or more of the obligations have been declared
due and payable before they would otherwise have been due and
payable as a result of, or on the basis of, the occurrence of a
default, event of default or other similar condition or event
other than failure to pay (preferred by the market over
Obligation Default, because more definitive and encompasses the
definition of Obligation Default - this is more favorable to the
Seller). Subject to the default requirement amount. ISDA 2003
Term: Obligation Acceleration
</xsd:documentation>
</xsd:annotation>
</xsd:element>
All elements used to represent obligation characteristics belong to the substitution group obligationCharacteristic. ISDA 2003 Term: Obligation Characteristics
Element obligationCharacteristic is defined by the complex type ObligationCharacteristic
<xsd:element abstract="true" name="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
All elements used to represent obligation characteristics belong
to the substitution group obligationCharacteristic. ISDA 2003
Term: Obligation Characteristics
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A credit event. One or more of the obligations have become capable of being declared due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event other than failure to pay. ISDA 2003 Term: Obligation Default
Element obligationDefault is defined by the complex type CreditEvent
<xsd:element name="obligationDefault" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. One or more of the obligations have become
capable of being declared due and payable before they would
otherwise have been due and payable as a result of, or on the
basis of, the occurrence of a default, event of default or other
similar condition or event other than failure to pay. ISDA 2003
Term: Obligation Default
</xsd:documentation>
</xsd:annotation>
</xsd:element>
This element contains all the. ISDA terms relevant to physical settlement for when physical settlement is applicable. ISDA 2003 Term:
Element physicalSettlementTerms is defined by the complex type PhysicalSettlementTerms
<xsd:element name="physicalSettlementTerms" substitutionGroup="settlementTerms" type="PhysicalSettlementTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relevant to physical
settlement for when physical settlement is applicable. ISDA 2003
Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A credit event. The reference entity, or a governmental authority, either refuses to recognise or challenges the validity of one or more obligations of the reference entity, or imposes a moratorium thereby postponing payments on one or more of the obligations of the reference entity. Subject to the default requirement amount. ISDA 2003 Term: Repudiation/Moratorium
Element repudiationMoratorium is defined by the complex type CreditEvent
<xsd:element name="repudiationMoratorium" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. The reference entity, or a governmental
authority, either refuses to recognise or challenges the validity
of one or more obligations of the reference entity, or imposes a
moratorium thereby postponing payments on one or more of the
obligations of the reference entity. Subject to the default
requirement amount. ISDA 2003 Term: Repudiation/Moratorium
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A credit event. A restructuring is an event that materially impacts the reference entity's obligations, such as an interest rate reduction, principal reduction, deferral of interest or principal, change in priority ranking, or change in currency or composition of payment. ISDA 2003 Term: Restructuring
Element restructuring is defined by the complex type Restructuring
<xsd:element name="restructuring" substitutionGroup="creditEvent" type="Restructuring">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. A restructuring is an event that materially
impacts the reference entity's obligations, such as an interest
rate reduction, principal reduction, deferral of interest or
principal, change in priority ranking, or change in currency or
composition of payment. ISDA 2003 Term: Restructuring
</xsd:documentation>
</xsd:annotation>
</xsd:element>
The physicalSettlementTerms and cdsCashSettlementTerms belong to the settlementTerms substitution group.
Element settlementTerms is defined by the complex type SettlementTerms
<xsd:element abstract="true" name="settlementTerms" type="SettlementTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The physicalSettlementTerms and cdsCashSettlementTerms belong to
the settlementTerms substitution group.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
An obligation and deliverable obligation characteristic. The currency or currencies in which an obligation or deliverable obligation must be payable. ISDA 2003 Term: Specified Currency
Element specifiedCurrency is defined by the complex type CurrencyObligationCharac
<xsd:element name="specifiedCurrency" substitutionGroup="obligationCharacteristic" type="CurrencyObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. The
currency or currencies in which an obligation or deliverable
obligation must be payable. ISDA 2003 Term: Specified Currency
</xsd:documentation>
</xsd:annotation>
</xsd:element>
A deliverable obligation characteristic. An obligation that is transferable to institutional investors without any contractual, statutory or regulatory restrictions. ISDA 2003 Term: Transferable
Element transferable is defined by the complex type DeliverableObligationCharac
<xsd:element name="transferable" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. An obligation that is
transferable to institutional investors without any contractual,
statutory or regulatory restrictions. ISDA 2003 Term:
Transferable
</xsd:documentation>
</xsd:annotation>
</xsd:element>
Inherited element(s): (This definition inherits the content defined by the type xsd:string)
<xsd:complexType name="AdditionalTerm">
<xsd:simpleContent>
<xsd:extension base="xsd:string">
<xsd:attribute name="additionalTermScheme" type="xsd:normalizedString"/>
</xsd:extension>
</xsd:simpleContent>
</xsd:complexType>
adjustedPaymentDate (exactly one occurance; of the type xsd:date)
paymentAmount (exactly one occurance; of the type Money)
<xsd:complexType name="AdjustedPaymentDates">
<xsd:sequence>
<xsd:element name="adjustedPaymentDate" type="xsd:date">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The adjusted payment date. This date should already be
adjusted for any applicable business day convention. This
component is not intended for use in trade confirmation but
my be specified to allow the fee structure to also serve as a
cashflow type component (all dates the the Cashflows type are
adjusted payment dates).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="paymentAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The currency amount of the payment.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="BusinessDaysNotSpecified"/>
Inherited element(s): (This definition inherits the content defined by the type SettlementTerms)
cdsValuationDate (zero or one occurance; of the type ValuationDate)
cdsValuationTime (zero or one occurance; of the type BusinessCenterTime)
quotationMethod (zero or one occurance; of the type QuotationRateTypeEnum)
quotationAmount (zero or one occurance; of the type Money)
minimumQuotationAmount (zero or one occurance; of the type Money)
dealer (zero or more occurances; of the type xsd:string)
settlementCurrency (zero or one occurance; of the type Currency)
cashSettlementBusinessDays (zero or one occurance; of the type xsd:integer)
cashSettlementAmount (zero or one occurance; of the type Money)
accruedInterest (zero or one occurance; of the type xsd:boolean)
valuationMethod (zero or one occurance; of the type ValuationMethod)
<xsd:complexType name="CashSettlementTerms">
<xsd:complexContent>
<xsd:extension base="SettlementTerms">
<xsd:sequence>
<xsd:element name="cdsValuationDate" type="ValuationDate" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days after conditions to
settlement have been satisfied when the calculation agent
obtains a price quotation on the Reference Obligation for
purposes of cash settlement. There may be one or more
valuation dates. This is typically specified if the cash
settlement amount is not a fixed amount. ISDA 2003 Term:
Valuation Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="cdsValuationTime" type="BusinessCenterTime" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The time of day in the specified business center when the
calculation agent seeks quotations for an amount of the
reference obligation for purposes of cash settlement.
ISDA 2003 Term: Valuation Time
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="quotationMethod" type="QuotationRateTypeEnum" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The type of price quotations to be requested from dealers
when determining the market value of the reference
obligation for purposes of cash settlement. For example,
Bid, Offer or Mid-market. ISDA 2003 Term: Quotation
Method
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="quotationAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In the determination of a cash settlement amount, if
weighted average quotations are to be obtained, the
quotation amount specifies an upper limit to the
outstanding principal balance of the reference obligation
for which the quote should be obtained. If not specified,
the. ISDA definitions provide for a fallback amount equal
to the floating rate payer calculation amount. ISDA 2003
Term: Quotation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="minimumQuotationAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In the determination of a cash settlement amount, if
weighted average quotations are to be obtained, the
minimum quotation amount specifies a minimum intended
threshold amount of outstanding principal balance of the
reference obligation for which the quote should be
obtained. If not specified, the. ISDA definitions provide
for a fallback amount of the lower of either USD
1,000,000 (or its equivalent in the relevant obligation
currency) or the quotation amount. ISDA 2003 Term:
Minimum Quotation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="dealer" type="xsd:string" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A dealer from whom quotations are obtained by the
calculation agent on the reference obligation for
purposes of cash settlement. ISDA 2003 Term: Dealer
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="settlementCurrency" type="Currency" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The currency in which a cash settlement for
non-deliverable forward and non-deliverable options.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="cashSettlementBusinessDays" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days used in the determination of
the cash settlement payment date. If a cash settlement
amount is specified, the cash settlement payment date
will be this number of business days following the
calculation of the final price. If a cash settlement
amount is not specified, the cash settlement payment date
will be this number of business days after all conditions
to settlement are satisfied. ISDA 2003 Term: Cash
Settlement Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="cashSettlementAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The amount paid by the seller to the buyer for cash
settlement on the cash settlement date. If not otherwise
specified, would typically be calculated as 100 (or the
Reference Price) minus the price of the Reference
Obligation (all expressed as a percentage) times Floating
Rate Payer Calculation Amount. ISDA 2003 Term: Cash
Settlement Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="accruedInterest" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Indicates whether accrued interest is included (true) or
not (false). For cash settlement this specifies whether
quotations should be obtained inclusive or not of accrued
interest. For physical settlement this specifies whether
the buyer should deliver the obligation with an
outstanding principal balance that includes or excludes
accrued interest. ISDA 2003 Term: Include/Exclude Accrued
Interest
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="valuationMethod" type="ValuationMethod" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The ISDA defined methodology for determining the final
price of the reference obligation for purposes of cash
settlement. For example, Market, Highest etc.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type Product)
generalTerms (exactly one occurance; of the type GeneralTerms)
feeLeg (exactly one occurance; of the type FeeLeg)
protectionTerms (exactly one occurance; of the type ProtectionTerms)
settlementTerms (zero or one occurance; of the type SettlementTerms)
<xsd:complexType name="CreditDefaultSwap">
<xsd:complexContent>
<xsd:extension base="Product">
<xsd:sequence>
<xsd:element name="generalTerms" type="GeneralTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the the data that appears in
the section entitled "1. General Terms" in the 2003. ISDA
Credit Derivatives Confirmation.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="feeLeg" type="FeeLeg">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to defining
the fixed amounts/payments per the applicable. ISDA
definitions.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="protectionTerms" type="ProtectionTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to defining
the applicable floating rate payer calculation amount,
credit events and associated conditions to settlement,
and reference obligations.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element minOccurs="0" ref="settlementTerms"/>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="CreditEvent"/>
notifyingParty (exactly one occurance; of the type NotifyingParty)
publiclyAvailableInformation (zero or one occurance; of the type PubliclyAvailableInformation)
<xsd:complexType name="CreditEventNotice">
<xsd:sequence>
<xsd:element name="notifyingParty" type="NotifyingParty">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Pointer style references to a party identifier defined
elsewhere in the document. The notifying party is the party
that notifies the other party when a credit event has
occurred by means of a credit event notice. If more than one
party is referenced as being the notifying party then either
party may notify the other of a credit event occurring. (The
only ope. ISDA 2003 Term: Notifying Party
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="publiclyAvailableInformation" type="PubliclyAvailableInformation" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A specified condition to settlement. Publicly available
information means information that reasonably confirms any of
the facts relevant to determining that a credit event or
potential repudiation/moratorium, as applicable, has
occurred. The. ISDA defined list (2003) is the market
standard and is considered comprehensive, and a minimum of
two differing public sources must have published the relevant
information, to declare a Credit Event. ISDA 2003 Term:
Notice of Publicly Available Information Applicable
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
creditEvent (one or more occurances; of the type CreditEvent)
defaultRequirement (zero or one occurance; of the type Money)
creditEventNotice (zero or one occurance; of the type CreditEventNotice)
<xsd:complexType name="CreditEvents">
<xsd:sequence>
<xsd:element maxOccurs="unbounded" ref="creditEvent"/>
<xsd:element name="defaultRequirement" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In relation to certain credit events, serves as a threshold
for Obligation Acceleration, Obligation Default,
Repudiation/Moratorium and Restructuring. Market standard is
USD 10,000,000 (JPY 1,000,000,000 for all Japanese Yen
trades). This is applied on an aggregate or total basis
across all Obligations of the Reference Entity. Used to
prevent technical/operational errors from triggering credit
events. ISDA 2003 Term: Default Requirement
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="creditEventNotice" type="CreditEventNotice" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A specified condition to settlement. An irrevocable written
or verbal notice that describes a credit event that has
occurred. The notice is sent from the notifying party (either
the buyer or the seller) to the counterparty. It provides
information relevant to determining that a credit event has
occurred. This is typically accompanied by Publicly Available
Information. ISDA 2003 Term: Credit Event Notice
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type ObligationCharacteristic)
currency (zero or more occurances; of the type Currency)
<xsd:complexType name="CurrencyObligationCharac">
<xsd:complexContent>
<xsd:extension base="ObligationCharacteristic">
<xsd:sequence>
<xsd:element name="currency" type="Currency" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The currency in which an amount is denominated.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="DeliverableObligationCharac"/>
accruedInterest (zero or one occurance; of the type xsd:boolean)
category (exactly one occurance; of the type ObligationCategory)
obligationCharacteristic (zero or more occurances; of the type ObligationCharacteristic)
deliverableObligationCharac (zero or more occurances; of the type DeliverableObligationCharac)
excluded (zero or one occurance; of the type xsd:string)
othReferenceEntityObligations (zero or one occurance; of the type xsd:string)
<xsd:complexType name="DeliverableObligations">
<xsd:sequence>
<xsd:element name="accruedInterest" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Indicates whether accrued interest is included (true) or not
(false). For cash settlement this specifies whether
quotations should be obtained inclusive or not of accrued
interest. For physical settlement this specifies whether the
buyer should deliver the obligation with an outstanding
principal balance that includes or excludes accrued interest.
ISDA 2003 Term: Include/Exclude Accrued Interest
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="category" type="ObligationCategory">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used in both obligations and deliverable obligations to
represent a class or type of securities which apply. ISDA
2003 Term: Obligation Category/Deliverable Obligation
Category
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element maxOccurs="unbounded" minOccurs="0" ref="obligationCharacteristic"/>
<xsd:element maxOccurs="unbounded" minOccurs="0" ref="deliverableObligationCharac"/>
<xsd:element name="excluded" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A free format string to specify any excluded obligations or
deliverable obligations, as the case may be, of the reference
entity or excluded types of obligations or deliverable
obligations. ISDA 2003 Term: Excluded Obligations/Excluded
Deliverable Obligations
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="othReferenceEntityObligations" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element is used to specify any other obligations of a
reference entity in both obligations and deliverable
obligations. The obligations can be specified free-form. ISDA
2003 Term: Other Obligations of a Reference Entity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type PCDeliverableObligationCharac)
qualifyingParticipationSeller (zero or one occurance; of the type xsd:string)
<xsd:complexType name="DirectLoanParticipation">
<xsd:complexContent>
<xsd:extension base="PCDeliverableObligationCharac">
<xsd:sequence>
<xsd:element name="qualifyingParticipationSeller" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If Direct Loan Participation is specified as a
deliverable obligation characteristic, this specifies any
requirements for the Qualifying Participation Seller. The
requirements may be listed free-form. ISDA 2003 Term:
Qualifying Participation Seller
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type CreditEvent)
gracePeriodExtension (zero or one occurance; of the type GracePeriodExtension)
paymentRequirement (zero or one occurance; of the type Money)
<xsd:complexType name="FailureToPay">
<xsd:complexContent>
<xsd:extension base="CreditEvent">
<xsd:sequence>
<xsd:element name="gracePeriodExtension" type="GracePeriodExtension" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If this element is specified, indicates whether or not a
grace period extension is applicable. ISDA 2003 Term:
Grace Period Extension Applicable
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="paymentRequirement" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies a threshold for the failure to pay credit
event. Market standard is USD 1,000,000 (JPY 100,000,000
for Japanese Yen trades) or its equivalent in the
relevant obligation currency. This is applied on an
aggregate basis across all Obligations of the Reference
Entity. Intended to prevent technical/operational errors
from triggering credit events. ISDA 2003 Term: Payment
Requirement
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
singlePayment (zero or more occurances; of the type SinglePayment)
periodicPayment (zero or one occurance; of the type PeriodicPayment)
<xsd:complexType name="FeeLeg">
<xsd:sequence>
<xsd:element name="singlePayment" type="SinglePayment" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specified a single fixed amount that is payable by the buyer
to the seller on the fixed rate payer payment date. The fixed
amount to be paid is specified in terms of a known currency
amount. The adjustable payment dat. ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="periodicPayment" type="PeriodicPayment" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies a periodic schedule of fixed amounts that are
payable by the buyer to the seller on the fixed rate payer
payment dates. The fixed amount to be paid on each payment
date can be specified in terms of a known currency amount or
as an amount calculated on a formula basis by reference to a
per annum fixed rate. The applicable business day convention
and business day for adjusting any fixed rate payer payment
date if it would otherwise fall on a day that is not a
business day are those specified in the dateAdjustments
element within the generalTerms component. ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
calculationAmount (zero or one occurance; of the type Money)
fixedRate (exactly one occurance; of the type xsd:decimal)
dayCountFraction (zero or one occurance; of the type DayCountFractionEnum)
<xsd:complexType name="FixedAmountCalculation">
<xsd:sequence>
<xsd:element name="calculationAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The notional amount of protection coverage (the fixed rate
payer calculation amount or the floating rate payer
calculation amount as the case may be). ISDA 2003 Term:
Fixed/Floating Rate Payer Calculation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="fixedRate" type="xsd:decimal">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The calculation period fixed rate. A per annum rate,
expressed as a decimal. A fixed rate of 5% would be
represented as 0.05.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="dayCountFraction" type="DayCountFractionEnum" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The day count fraction.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
effectiveDate (exactly one occurance; of the type AdjustableDate)
scheduledTerminationDate (exactly one occurance; of the type AdjustableOrRelativeDate)
sellerPartyReference (exactly one occurance; with locally defined content)
buyerPartyReference (exactly one occurance; with locally defined content)
dateAdjustments (zero or one occurance; of the type BusinessDayAdjustments)
referenceInformation (exactly one occurance; of the type ReferenceInformation)
additionalTerm (zero or more occurances; of the type AdditionalTerm)
<xsd:complexType name="GeneralTerms">
<xsd:sequence>
<xsd:element name="effectiveDate" type="AdjustableDate">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The first day of the term of the trade. This day may be
subject to adjustment in accordance with a business day
convention.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="scheduledTerminationDate" type="AdjustableOrRelativeDate">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The scheduled date on which the credit protection will lapse.
May be specified as an adjusting or non-adjusting date or
alternatively as a period offset from the effective date.
ISDA 2003 Term: Scheduled Termination Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="sellerPartyReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the seller
of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
<xsd:element name="buyerPartyReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the buyer
of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
<xsd:element name="dateAdjustments" type="BusinessDayAdjustments" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The business day convention and financial business centers
used for adjusting the date if it would otherwise fall on a
day that is not a business dat in the specified business
centers.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="referenceInformation" type="ReferenceInformation">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to defining the
reference entity and reference obligation(s).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="additionalTerm" type="AdditionalTerm" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element is used for representing information contained
in the Additional Terms field of the 2003 Master Credit
Derivatives confirm.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
gracePeriod (zero or one occurance; of the type Offset)
<xsd:complexType name="GracePeriodExtension">
<xsd:sequence>
<xsd:element name="gracePeriod" type="Offset" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of calendar or business days after any due date
that the reference entity has to fulfil its obligations
before a failure to pay credit event is deemed to have
occurred. ISDA 2003 Term: Grace Period
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type DeliverableObligationCharac)
periodMultiplier (exactly one occurance; of the type xsd:integer)
period (exactly one occurance; of the type PeriodEnum)
<xsd:complexType name="MaximumMaturity">
<xsd:complexContent>
<xsd:extension base="DeliverableObligationCharac">
<xsd:sequence>
<xsd:element name="periodMultiplier" type="xsd:integer">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A time period multiplier, e.g. 1, 2 or 3 etc. A negative
value can be used when specifying an offset relative to
another date, e.g. -2 days. If the period value is T
(Term) then periodMultiplier must contain the value 1.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="period" type="PeriodEnum">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A time period, e.g. a day, week, month, year or term of
the stream. If the periodMultiplier value is 0 (zero)
then period must contain the value D (day).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="MultipleHolderObligation"/>
Inherited element(s): (This definition inherits the content defined by the type SingleValuationDate)
businessDaysThereafter (zero or one occurance; of the type xsd:integer)
numberValuationDates (zero or one occurance; of the type xsd:integer)
<xsd:complexType name="MultipleValuationDates">
<xsd:complexContent>
<xsd:extension base="SingleValuationDate">
<xsd:sequence>
<xsd:element name="businessDaysThereafter" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days between successive valuation
dates when multiple valuation dates are applicable for
cash settlement. ISDA 2003 Term: Business Days thereafter
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="numberValuationDates" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Where multiple valuation dates are specified as being
applicable for cash settlement, this element specifies
(a) the number of applicable valuation dates, and (b) the
number of business days after satisfaction of all
conditions to settlement when the first such valuation
date occurs, and (c) the number of business days
thereafter of each successive valuation date. ISDA 2003
Term: Multiple Valuation Dates
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
buyerPartyReference (exactly one occurance; with locally defined content)
sellerPartyReference (zero or one occurance; with locally defined content)
<xsd:complexType name="NotifyingParty">
<xsd:sequence>
<xsd:element name="buyerPartyReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the buyer
of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
<xsd:element name="sellerPartyReference" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the seller
of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="ObligationCharacteristic"/>
category (exactly one occurance; of the type ObligationCategory)
obligationCharacteristic (zero or more occurances; of the type ObligationCharacteristic)
excluded (zero or one occurance; of the type xsd:string)
othReferenceEntityObligations (zero or one occurance; of the type xsd:string)
<xsd:complexType name="Obligations">
<xsd:sequence>
<xsd:element name="category" type="ObligationCategory">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used in both obligations and deliverable obligations to
represent a class or type of securities which apply. ISDA
2003 Term: Obligation Category/Deliverable Obligation
Category
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element maxOccurs="unbounded" minOccurs="0" ref="obligationCharacteristic"/>
<xsd:element name="excluded" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A free format string to specify any excluded obligations or
deliverable obligations, as the case may be, of the reference
entity or excluded types of obligations or deliverable
obligations. ISDA 2003 Term: Excluded Obligations/Excluded
Deliverable Obligations
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="othReferenceEntityObligations" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element is used to specify any other obligations of a
reference entity in both obligations and deliverable
obligations. The obligations can be specified free-form. ISDA
2003 Term: Other Obligations of a Reference Entity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="PartialCashSettlement"/>
Inherited element(s): (This definition inherits the content defined by the type DeliverableObligationCharac)
partialCashSettlement (zero or one occurance; of the type PartialCashSettlement)
<xsd:complexType name="PCDeliverableObligationCharac">
<xsd:complexContent>
<xsd:extension base="DeliverableObligationCharac">
<xsd:sequence>
<xsd:element name="partialCashSettlement" type="PartialCashSettlement" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies whether either 'Partial Cash Settlement of
Assignable Loans', 'Partial Cash Settlement of Consent
Required Loans' or 'Partial Cash Settlement of
Participations' is applicable. If this element is
specified and Assignable Loan is a Deliverable Obligation
Chracteristic, any Assignable Loan that is deliverable,
but where a non-receipt of Consent by the Physical
Settlement Date has occurred, the Loan can be cash
settled rather than physically delivered. If this element
is specified and Consent Required Loan is a Deliverable
Obligation Characterisitc, any Consent Required Loan that
is deliverable, but where a non-receipt of Consent by the
Physical Settlement Date has occurred, the Loan can be
cash settled rather than physically delivered.If this
element is specified and Direct Loan Participation is a
Deliverable Obligation Characterisitc, any Participation
that is deliverable, but where this participation has not
been effected (has not come into effect) by the Physical
Settlement Date, the participation can be cash settled
rather than physically delivered.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
paymentFrequency (exactly one occurance; of the type Interval)
firstPaymentDate (zero or one occurance; of the type xsd:date)
lastRegularPaymentDate (zero or one occurance; of the type xsd:date)
rollConvention (exactly one occurance; of the type RollConventionEnum)
Either
fixedAmount (exactly one occurance; of the type Money)
Or
fixedAmountCalculation (exactly one occurance; of the type FixedAmountCalculation)
adjustedPaymentDates (zero or more occurances; of the type AdjustedPaymentDates)
<xsd:complexType name="PeriodicPayment">
<xsd:sequence>
<xsd:element name="paymentFrequency" type="Interval">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The frequency at which regular payment dates occur. If the
payment frequency is equal to the frequency defined in the
calculation period dates component then one calculation
period contributes to each payment amount. If the payment
frequency is less frequent than the frequency defined in the
calculation period dates component then more than one
calculation period will contribute to e payment amount. A
payment frequency more frequent than the calculation period
frequency or one that is not a multiple of the calculation
period frequency is invalid.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="firstPaymentDate" type="xsd:date" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The first unadjusted payment date. This day may be subject to
adjustment in accordance with any business day convention
specified in paymentDatesAdjustments. This element must only
be included if there is an initial stub. This date will
normally correspond to an unadjusted calculation period start
or end date. This is true even if early or delayed payment is
specified to be applicable since the actual first payment
date will be the specified number of days before or after the
applicable adjusted calculation period start or end date with
the resulting payment date then being adjusted in accordance
with any business day convention specified in
paymentDatesAdjustments.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="lastRegularPaymentDate" type="xsd:date" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The last regular unadjusted payment date. This day may be
subject to adjustment in accordance with any business day
convention specified in paymentDatesAdjustments. This element
must only be included if there is a final stub. All
calculation periods after this date contribute to the final
payment. The final payment is made relative to the final set
of calculation periods or the final reset date as the case
may be. This date will normally correspond to an unadjusted
calculation period start or end date. This is true even if
early or delayed payment is specified to be applicable since
the actual last regular payment date will be the specified
number of days before or after the applicable adjusted
calculation period start or end date with the resulting
payment date then being adjusted in accordance with any
business day convention specified in paymentDatesAdjustments.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="rollConvention" type="RollConventionEnum">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used in conjunction with a frequency and the regular period
start date of a calculation period, determines each
calculation period end date within the regular part of a
calculation period schedule.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:choice>
<xsd:element name="fixedAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A fixed payment amount. ISDA 2003 Term: Fixed Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="fixedAmountCalculation" type="FixedAmountCalculation">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to calculating
a fixed amount where the fixed amount is calculated by
reference to a per annum fixed rate. ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:choice>
<xsd:element name="adjustedPaymentDates" type="AdjustedPaymentDates" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An optional cashflow-like structure allowing the equivalent
representation of the periodic fixed payments in terms of a
series of adjusted payment dates and amounts. This is
intended to support application integration within an
organisation and is not intended for use in inter-firm
communication or confirmations. ISDA 2003 Term: Fixed Rate
Payer Payment Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
Either
businessDaysNotSpecified (exactly one occurance; of the type BusinessDaysNotSpecified)
Or
businessDays (exactly one occurance; of the type xsd:integer)
Or
maximumBusinessDays (exactly one occurance; of the type xsd:integer)
<xsd:complexType name="PhysicalSettlementPeriod">
<xsd:choice>
<xsd:element name="businessDaysNotSpecified" type="BusinessDaysNotSpecified">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An explicit indication that a number of business days are not
specified and therefore ISDA fallback provisions should
apply.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="businessDays" type="xsd:integer">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A number of business days. Its precise meaning is dependant
on the context in which this element is used. ISDA 2003 Term:
Business Day
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="maximumBusinessDays" type="xsd:integer">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A maximum number of business days. Its precise meaning is
dependant on the context in which this element is used.
Intended to be used to limit a particular. ISDA fallback
provision. ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:choice>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type SettlementTerms)
physicalSettlementPeriod (zero or one occurance; of the type PhysicalSettlementPeriod)
deliverableObligations (exactly one occurance; of the type DeliverableObligations)
escrow (zero or one occurance; of the type xsd:boolean)
<xsd:complexType name="PhysicalSettlementTerms">
<xsd:complexContent>
<xsd:extension base="SettlementTerms">
<xsd:sequence>
<xsd:element name="physicalSettlementPeriod" type="PhysicalSettlementPeriod" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days used in the determination of
the physical settlement date. The physical settlement
date is this number of business days after all applicable
conditions to settlement are satisfied. If a number of
business days is not specified fallback provisions apply
for determining the number of business days. If Section
8.5/8.6 of the 1999/2003. ISDA Definitions are to apply
the businessDaysNotSpecified element should be included.
If a specified number of business days are to apply these
should be specified in the businessDays element. If
Section 8.5/8.6 of the 1999/2003. ISDA Definitions are to
apply but capped at a maximum number of business days
then the maximum number should be specified in the
maximumBusinessDays element. ISDA 2003 Term: Physical
Settlement Period
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="deliverableObligations" type="DeliverableObligations">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relevant to
defining the deliverable obligations.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="escrow" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If this element is specified, indicates that physical
settlement must take place through the use of an escrow
agent. (For Canadian counterparties this is always "Not
Applicable. ISDA 2003 Term: Escrow
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
calculationAmount (exactly one occurance; of the type Money)
creditEvents (zero or one occurance; of the type CreditEvents)
obligations (zero or one occurance; of the type Obligations)
<xsd:complexType name="ProtectionTerms">
<xsd:sequence>
<xsd:element name="calculationAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The notional amount of protection coverage (the fixed rate
payer calculation amount or the floating rate payer
calculation amount as the case may be). ISDA 2003 Term:
Fixed/Floating Rate Payer Calculation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="creditEvents" type="CreditEvents" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relating to credit
events.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="obligations" type="Obligations" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The underlying obligations of the reference entity on which
you are buying or selling protection. The credit events
Failure to Pay, Obligation Acceleration, Obligation Default,
Restructuring, Repudiation/Moratorium are defined with
respect to these obligations. ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
standardPublicSources (zero or one occurance; of the type StandardPublicSources)
publicSource (zero or more occurances; of the type xsd:string)
specifiedNumber (zero or one occurance; of the type xsd:positiveInteger)
<xsd:complexType name="PubliclyAvailableInformation">
<xsd:sequence>
<xsd:element name="standardPublicSources" type="StandardPublicSources" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If this element is specified, indicates that ISDA defined
Standard Public Sources are applicable.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="publicSource" type="xsd:string" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A public information source, e.g. a particular newspaper or
electronic news service, that may publish relevant
information used in the determination of whether or not a
credit event has occurred. ISDA 2003 Term: Public Source
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="specifiedNumber" type="xsd:positiveInteger" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The minimum number of the specified public information
sources that must publish information that reasonably
confirms that a credit event has occurred. The market
convention is two. ISDA 2003 Term: Specified Number
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
referenceEntity (exactly one occurance; of the type LegalEntity)
referenceObligation (zero or more occurances; of the type ReferenceObligation)
allGuarantees (zero or one occurance; of the type xsd:boolean)
referencePrice (zero or one occurance; of the type xsd:decimal)
<xsd:complexType name="ReferenceInformation">
<xsd:sequence>
<xsd:element name="referenceEntity" type="LegalEntity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The corporate or sovereign entity on which you are buying or
selling protection and any successor that assumes all or
substantially all of its contractual and other obligations.
It is vital to use the correct legal name of the entity and
to be careful not to choose a subsidiary if you really want
to trade protection on a parent company. Please note,
Reference Entities cannot be senior or subordinated. It is
the obligations of the Reference Entities that can be senior
or subordinated. ISDA 2003 Term: Reference Entity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="referenceObligation" type="ReferenceObligation" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The Reference Obligation is a financial instrument that is
either issued or guarenteed by the reference entity. It
serves to clarify the precise reference entity protection is
being offered upon, and its legal position with regard to
other related firms (parents/subsidiaries). Furthermore the
Reference Obligation is ALWAYS deliverable and establishs the
Pari Passu ranking (as the deliverable bonds must rank equal
to the reference obligation. ISDA 2003 Term: Reference
Obligation
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="allGuarantees" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Indicates whether an obligation of the Reference Entity,
guaranteed by the Reference Entity on behalf of a
non-Affiliate, is to be considered an Obligation for the
purpose of the transaction. It will be considered an
obligation if allGuarantees is applicable (true) and not if
allGuarantees is inapplicable (false). ISDA 2003 Term: All
Guarantees
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="referencePrice" type="xsd:decimal" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used to determine (a) for physically settled trades, the
Physical Settlement Amount, which equals the Floating Rate
Payer Notional Amount times the Reference Price and (b) for
cash settled trades, the Cash Settlement Amount, which equals
the greater of (i) the difference between the Reference Price
and the Final Price and (ii) zero. ISDA 2003 Term: Reference
Price
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
Either
bond (exactly one occurance; with locally defined content)
Or
convertibleBond (exactly one occurance; with locally defined content)
Either
primaryObligor (exactly one occurance; of the type LegalEntity)
Or
primaryObligorReference (exactly one occurance; with locally defined content)
Either
guarantor (exactly one occurance; of the type LegalEntity)
Or
guarantorReference (exactly one occurance; with locally defined content)
<xsd:complexType name="ReferenceObligation">
<xsd:sequence>
<xsd:choice>
<xsd:element ref="bond"/>
<xsd:element ref="convertibleBond"/>
</xsd:choice>
<xsd:choice minOccurs="0">
<xsd:element name="primaryObligor" type="LegalEntity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The entity primarily responsible for repaying debt to a
creditor as a result of borrowing or issuing bonds. ISDA
2003 Term: Primary Obligor
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="primaryObligorReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a reference entity defined
elsewhere in the document. Used when the reference entity
is the primary obligor.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
</xsd:choice>
<xsd:choice maxOccurs="unbounded" minOccurs="0">
<xsd:element name="guarantor" type="LegalEntity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The party that guarantees by way of a contractual
arrangement to pay the debts of an obligor if the obligor
is unable to make the required payments itself. ISDA 2003
Term: Guarantor
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="guarantorReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a reference entity defined
elsewhere in the document. Used when the reference entity
is the guarantor.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
</xsd:choice>
</xsd:sequence>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type CreditEvent)
restructuringType (zero or one occurance; of the type RestructuringType)
multipleHolderObligation (zero or one occurance; of the type MultipleHolderObligation)
<xsd:complexType name="Restructuring">
<xsd:complexContent>
<xsd:extension base="CreditEvent">
<xsd:sequence>
<xsd:element name="restructuringType" type="RestructuringType" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies the type of restructuring that is applicable.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="multipleHolderObligation" type="MultipleHolderObligation" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In relation to a restructuring credit event, unless
multiple holder obligation is not specified
restructurings are limited to multiple holder
obligations. A multiple holder obligation means an
obligation that is held by more than three holders that
are not affiliates of each other and where at least two
thirds of the holders must agree to the event that
constitutes the restructuring credit event. ISDA 2003
Term: Multiple Holder Obligation
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
Inherited element(s): (This definition inherits the content defined by the type xsd:normalizedString)
<xsd:complexType name="RestructuringType">
<xsd:simpleContent>
<xsd:extension base="xsd:normalizedString">
<xsd:attribute name="restructuringScheme" type="xsd:normalizedString" default="http://www.fpml.org/spec/2003/restructuring-1-0"/>
</xsd:extension>
</xsd:simpleContent>
</xsd:complexType>
<xsd:complexType name="SettlementTerms"/>
adjustablePaymentDate (exactly one occurance; of the type xsd:date)
adjustedPaymentDate (zero or one occurance; of the type xsd:date)
fixedAmount (exactly one occurance; of the type Money)
<xsd:complexType name="SinglePayment">
<xsd:sequence>
<xsd:element name="adjustablePaymentDate" type="xsd:date">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A fixed amount payment date that shall be subject to
adjustment in accordance with the applicable business day
convention if it would otherwise fall on a day that is not a
business day. The applicable business day convention and
business day are those specified in the dateAdjustments
element within the generalTerms component. ISDA 2003 Term:
Fixed Rate Payer Payment Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="adjustedPaymentDate" type="xsd:date" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The adjusted payment date. This date should already be
adjusted for any applicable business day convention. This
component is not intended for use in trade confirmation but
my be specified to allow the fee structure to also serve as a
cashflow type component (all dates the the Cashflows type are
adjusted payment dates).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="fixedAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A fixed payment amount. ISDA 2003 Term: Fixed Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
businessDays (zero or one occurance; of the type xsd:integer)
<xsd:complexType name="SingleValuationDate">
<xsd:sequence>
<xsd:element name="businessDays" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A number of business days. Its precise meaning is dependant
on the context in which this element is used. ISDA 2003 Term:
Business Day
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="StandardPublicSources"/>
Either
singleValuationDate (exactly one occurance; of the type SingleValuationDate)
Or
multipleValuationDates (exactly one occurance; of the type MultipleValuationDates)
<xsd:complexType name="ValuationDate">
<xsd:choice>
<xsd:element name="singleValuationDate" type="SingleValuationDate">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Where single valuation date is specified as being applicable
for cash settlement, this element specifies the number of
business days after satisfaction of all conditions to
settlement when such valuation date occurs. ISDA 2003 Term:
Single Valuation Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="multipleValuationDates" type="MultipleValuationDates">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Where multiple valuation dates are specified as being
applicable for cash settlement, this element specifies (a)
the number of applicable valuation dates, and (b) the number
of business days after satisfaction of all conditions to
settlement when the first such valuation date occurs, and (c)
the number of business days thereafter of each successive
valuation date. ISDA 2003 Term: Multiple Valuation Dates
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:choice>
</xsd:complexType>
Inherited element(s): (This definition restricts the content defined by the type xsd:normalizedString)
| Value | Source | Description |
| Payment | ||
| BorrowedMoney | ||
| ReferenceObligationsOnly | ||
| Bond | ||
| Loan | ||
| BondOrLoan |
<xsd:simpleType name="ObligationCategory">
<xsd:restriction base="xsd:normalizedString">
<xsd:enumeration value="Payment"/>
<xsd:enumeration value="BorrowedMoney"/>
<xsd:enumeration value="ReferenceObligationsOnly"/>
<xsd:enumeration value="Bond"/>
<xsd:enumeration value="Loan"/>
<xsd:enumeration value="BondOrLoan"/>
</xsd:restriction>
</xsd:simpleType>
Inherited element(s): (This definition restricts the content defined by the type xsd:normalizedString)
| Value | Source | Description |
| Market | ||
| Highest | ||
| AverageMarket | ||
| AverageHighest | ||
| BlendedMarket | ||
| BlendedHighest | ||
| AverageBlendedMarket | ||
| AverageBlendedHighest |
<xsd:simpleType name="ValuationMethod">
<xsd:restriction base="xsd:normalizedString">
<xsd:enumeration value="Market"/>
<xsd:enumeration value="Highest"/>
<xsd:enumeration value="AverageMarket"/>
<xsd:enumeration value="AverageHighest"/>
<xsd:enumeration value="BlendedMarket"/>
<xsd:enumeration value="BlendedHighest"/>
<xsd:enumeration value="AverageBlendedMarket"/>
<xsd:enumeration value="AverageBlendedHighest"/>
</xsd:restriction>
</xsd:simpleType>
<xsd:schema attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.fpml.org/2003/FpML-4-0">
<xsd:include schemaLocation="fpml-shared-4-0.xsd"/>
<xsd:include schemaLocation="fpml-ird-4-0.xsd"/>
<xsd:include schemaLocation="fpml-eqs-4-0.xsd"/>
<xsd:complexType name="AdditionalTerm">
<xsd:simpleContent>
<xsd:extension base="xsd:string">
<xsd:attribute name="additionalTermScheme" type="xsd:normalizedString"/>
</xsd:extension>
</xsd:simpleContent>
</xsd:complexType>
<xsd:complexType name="ReferenceObligation">
<xsd:sequence>
<xsd:choice>
<xsd:element ref="bond"/>
<xsd:element ref="convertibleBond"/>
</xsd:choice>
<xsd:choice minOccurs="0">
<xsd:element name="primaryObligor" type="LegalEntity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The entity primarily responsible for repaying debt to a
creditor as a result of borrowing or issuing bonds. ISDA
2003 Term: Primary Obligor
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="primaryObligorReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a reference entity defined
elsewhere in the document. Used when the reference entity
is the primary obligor.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
</xsd:choice>
<xsd:choice maxOccurs="unbounded" minOccurs="0">
<xsd:element name="guarantor" type="LegalEntity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The party that guarantees by way of a contractual
arrangement to pay the debts of an obligor if the obligor
is unable to make the required payments itself. ISDA 2003
Term: Guarantor
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="guarantorReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a reference entity defined
elsewhere in the document. Used when the reference entity
is the guarantor.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
</xsd:choice>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="FeeLeg">
<xsd:sequence>
<xsd:element name="singlePayment" type="SinglePayment" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specified a single fixed amount that is payable by the
buyer to the seller on the fixed rate payer payment date.
The fixed amount to be paid is specified in terms of a
known currency amount. The adjustable payment dat. ISDA
2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="periodicPayment" type="PeriodicPayment" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies a periodic schedule of fixed amounts that are
payable by the buyer to the seller on the fixed rate payer
payment dates. The fixed amount to be paid on each payment
date can be specified in terms of a known currency amount
or as an amount calculated on a formula basis by reference
to a per annum fixed rate. The applicable business day
convention and business day for adjusting any fixed rate
payer payment date if it would otherwise fall on a day that
is not a business day are those specified in the
dateAdjustments element within the generalTerms component.
ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="SinglePayment">
<xsd:sequence>
<xsd:element name="adjustablePaymentDate" type="xsd:date">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A fixed amount payment date that shall be subject to
adjustment in accordance with the applicable business day
convention if it would otherwise fall on a day that is not
a business day. The applicable business day convention and
business day are those specified in the dateAdjustments
element within the generalTerms component. ISDA 2003 Term:
Fixed Rate Payer Payment Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="adjustedPaymentDate" type="xsd:date" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The adjusted payment date. This date should already be
adjusted for any applicable business day convention. This
component is not intended for use in trade confirmation but
my be specified to allow the fee structure to also serve as
a cashflow type component (all dates the the Cashflows type
are adjusted payment dates).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="fixedAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A fixed payment amount. ISDA 2003 Term: Fixed Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="PeriodicPayment">
<xsd:sequence>
<xsd:element name="paymentFrequency" type="Interval">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The frequency at which regular payment dates occur. If the
payment frequency is equal to the frequency defined in the
calculation period dates component then one calculation
period contributes to each payment amount. If the payment
frequency is less frequent than the frequency defined in
the calculation period dates component then more than one
calculation period will contribute to e payment amount. A
payment frequency more frequent than the calculation period
frequency or one that is not a multiple of the calculation
period frequency is invalid.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="firstPaymentDate" type="xsd:date" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The first unadjusted payment date. This day may be subject
to adjustment in accordance with any business day
convention specified in paymentDatesAdjustments. This
element must only be included if there is an initial stub.
This date will normally correspond to an unadjusted
calculation period start or end date. This is true even if
early or delayed payment is specified to be applicable
since the actual first payment date will be the specified
number of days before or after the applicable adjusted
calculation period start or end date with the resulting
payment date then being adjusted in accordance with any
business day convention specified in
paymentDatesAdjustments.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="lastRegularPaymentDate" type="xsd:date" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The last regular unadjusted payment date. This day may be
subject to adjustment in accordance with any business day
convention specified in paymentDatesAdjustments. This
element must only be included if there is a final stub. All
calculation periods after this date contribute to the final
payment. The final payment is made relative to the final
set of calculation periods or the final reset date as the
case may be. This date will normally correspond to an
unadjusted calculation period start or end date. This is
true even if early or delayed payment is specified to be
applicable since the actual last regular payment date will
be the specified number of days before or after the
applicable adjusted calculation period start or end date
with the resulting payment date then being adjusted in
accordance with any business day convention specified in
paymentDatesAdjustments.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="rollConvention" type="RollConventionEnum">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used in conjunction with a frequency and the regular period
start date of a calculation period, determines each
calculation period end date within the regular part of a
calculation period schedule.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:choice>
<xsd:element name="fixedAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A fixed payment amount. ISDA 2003 Term: Fixed Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="fixedAmountCalculation" type="FixedAmountCalculation">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to
calculating a fixed amount where the fixed amount is
calculated by reference to a per annum fixed rate. ISDA
2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:choice>
<xsd:element name="adjustedPaymentDates" type="AdjustedPaymentDates" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An optional cashflow-like structure allowing the equivalent
representation of the periodic fixed payments in terms of a
series of adjusted payment dates and amounts. This is
intended to support application integration within an
organisation and is not intended for use in inter-firm
communication or confirmations. ISDA 2003 Term: Fixed Rate
Payer Payment Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="FixedAmountCalculation">
<xsd:sequence>
<xsd:element name="calculationAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The notional amount of protection coverage (the fixed rate
payer calculation amount or the floating rate payer
calculation amount as the case may be). ISDA 2003 Term:
Fixed/Floating Rate Payer Calculation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="fixedRate" type="xsd:decimal">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The calculation period fixed rate. A per annum rate,
expressed as a decimal. A fixed rate of 5% would be
represented as 0.05.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="dayCountFraction" type="DayCountFractionEnum" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The day count fraction.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="AdjustedPaymentDates">
<xsd:sequence>
<xsd:element name="adjustedPaymentDate" type="xsd:date">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The adjusted payment date. This date should already be
adjusted for any applicable business day convention. This
component is not intended for use in trade confirmation but
my be specified to allow the fee structure to also serve as
a cashflow type component (all dates the the Cashflows type
are adjusted payment dates).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="paymentAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The currency amount of the payment.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="ProtectionTerms">
<xsd:sequence>
<xsd:element name="calculationAmount" type="Money">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The notional amount of protection coverage (the fixed rate
payer calculation amount or the floating rate payer
calculation amount as the case may be). ISDA 2003 Term:
Fixed/Floating Rate Payer Calculation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="creditEvents" type="CreditEvents" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relating to
credit events.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="obligations" type="Obligations" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The underlying obligations of the reference entity on which
you are buying or selling protection. The credit events
Failure to Pay, Obligation Acceleration, Obligation
Default, Restructuring, Repudiation/Moratorium are defined
with respect to these obligations. ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="CreditEvents">
<xsd:sequence>
<xsd:element maxOccurs="unbounded" ref="creditEvent"/>
<xsd:element name="defaultRequirement" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In relation to certain credit events, serves as a threshold
for Obligation Acceleration, Obligation Default,
Repudiation/Moratorium and Restructuring. Market standard
is USD 10,000,000 (JPY 1,000,000,000 for all Japanese Yen
trades). This is applied on an aggregate or total basis
across all Obligations of the Reference Entity. Used to
prevent technical/operational errors from triggering credit
events. ISDA 2003 Term: Default Requirement
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="creditEventNotice" type="CreditEventNotice" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A specified condition to settlement. An irrevocable written
or verbal notice that describes a credit event that has
occurred. The notice is sent from the notifying party
(either the buyer or the seller) to the counterparty. It
provides information relevant to determining that a credit
event has occurred. This is typically accompanied by
Publicly Available Information. ISDA 2003 Term: Credit
Event Notice
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:element abstract="true" name="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
All credit event elements belong to the creditEvent
substitution group.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="bankruptcy" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. The reference entity has been dissolved or has
become insolvent. It also covers events that may be a precursor
to insolvency such as instigation of bankruptcy or insolvency
proceedings. Sovereign trades are not subject to Bankruptcy as
"technically" a Sovereign cannot become bankrupt. ISDA 2003
Term: Bankruptcy
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="failureToPay" substitutionGroup="creditEvent" type="FailureToPay">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. This credit event triggers, after the
expiration of any applicable grace period, if the reference
entity fails to make due payments in an aggregrate amount of
not less than the payment requirement on one or more
obligations (e.g. a missed coupon payment). ISDA 2003 Term:
Failure to Pay
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="obligationDefault" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. One or more of the obligations have become
capable of being declared due and payable before they would
otherwise have been due and payable as a result of, or on the
basis of, the occurrence of a default, event of default or
other similar condition or event other than failure to pay.
ISDA 2003 Term: Obligation Default
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="obligationAcceleration" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. One or more of the obligations have been
declared due and payable before they would otherwise have been
due and payable as a result of, or on the basis of, the
occurrence of a default, event of default or other similar
condition or event other than failure to pay (preferred by the
market over Obligation Default, because more definitive and
encompasses the definition of Obligation Default - this is more
favorable to the Seller). Subject to the default requirement
amount. ISDA 2003 Term: Obligation Acceleration
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="repudiationMoratorium" substitutionGroup="creditEvent" type="CreditEvent">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. The reference entity, or a governmental
authority, either refuses to recognise or challenges the
validity of one or more obligations of the reference entity, or
imposes a moratorium thereby postponing payments on one or more
of the obligations of the reference entity. Subject to the
default requirement amount. ISDA 2003 Term:
Repudiation/Moratorium
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="restructuring" substitutionGroup="creditEvent" type="Restructuring">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A credit event. A restructuring is an event that materially
impacts the reference entity's obligations, such as an interest
rate reduction, principal reduction, deferral of interest or
principal, change in priority ranking, or change in currency or
composition of payment. ISDA 2003 Term: Restructuring
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:complexType name="CreditEvent"/>
<xsd:complexType name="FailureToPay">
<xsd:complexContent>
<xsd:extension base="CreditEvent">
<xsd:sequence>
<xsd:element name="gracePeriodExtension" type="GracePeriodExtension" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If this element is specified, indicates whether or not
a grace period extension is applicable. ISDA 2003 Term:
Grace Period Extension Applicable
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="paymentRequirement" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies a threshold for the failure to pay credit
event. Market standard is USD 1,000,000 (JPY
100,000,000 for Japanese Yen trades) or its equivalent
in the relevant obligation currency. This is applied on
an aggregate basis across all Obligations of the
Reference Entity. Intended to prevent
technical/operational errors from triggering credit
events. ISDA 2003 Term: Payment Requirement
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="GracePeriodExtension">
<xsd:sequence>
<xsd:element name="gracePeriod" type="Offset" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of calendar or business days after any due date
that the reference entity has to fulfil its obligations
before a failure to pay credit event is deemed to have
occurred. ISDA 2003 Term: Grace Period
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="Restructuring">
<xsd:complexContent>
<xsd:extension base="CreditEvent">
<xsd:sequence>
<xsd:element name="restructuringType" type="RestructuringType" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies the type of restructuring that is applicable.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="multipleHolderObligation" type="MultipleHolderObligation" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In relation to a restructuring credit event, unless
multiple holder obligation is not specified
restructurings are limited to multiple holder
obligations. A multiple holder obligation means an
obligation that is held by more than three holders that
are not affiliates of each other and where at least two
thirds of the holders must agree to the event that
constitutes the restructuring credit event. ISDA 2003
Term: Multiple Holder Obligation
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="MultipleHolderObligation"/>
<xsd:complexType name="CreditEventNotice">
<xsd:sequence>
<xsd:element name="notifyingParty" type="NotifyingParty">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Pointer style references to a party identifier defined
elsewhere in the document. The notifying party is the party
that notifies the other party when a credit event has
occurred by means of a credit event notice. If more than
one party is referenced as being the notifying party then
either party may notify the other of a credit event
occurring. (The only ope. ISDA 2003 Term: Notifying Party
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="publiclyAvailableInformation" type="PubliclyAvailableInformation" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A specified condition to settlement. Publicly available
information means information that reasonably confirms any
of the facts relevant to determining that a credit event or
potential repudiation/moratorium, as applicable, has
occurred. The. ISDA defined list (2003) is the market
standard and is considered comprehensive, and a minimum of
two differing public sources must have published the
relevant information, to declare a Credit Event. ISDA 2003
Term: Notice of Publicly Available Information Applicable
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="NotifyingParty">
<xsd:sequence>
<xsd:element name="buyerPartyReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the
buyer of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
<xsd:element name="sellerPartyReference" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the
seller of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="PubliclyAvailableInformation">
<xsd:sequence>
<xsd:element name="standardPublicSources" type="StandardPublicSources" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If this element is specified, indicates that ISDA defined
Standard Public Sources are applicable.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="publicSource" type="xsd:string" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A public information source, e.g. a particular newspaper or
electronic news service, that may publish relevant
information used in the determination of whether or not a
credit event has occurred. ISDA 2003 Term: Public Source
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="specifiedNumber" type="xsd:positiveInteger" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The minimum number of the specified public information
sources that must publish information that reasonably
confirms that a credit event has occurred. The market
convention is two. ISDA 2003 Term: Specified Number
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="StandardPublicSources"/>
<xsd:complexType name="Obligations">
<xsd:sequence>
<xsd:element name="category" type="ObligationCategory">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used in both obligations and deliverable obligations to
represent a class or type of securities which apply. ISDA
2003 Term: Obligation Category/Deliverable Obligation
Category
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element maxOccurs="unbounded" minOccurs="0" ref="obligationCharacteristic"/>
<xsd:element name="excluded" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A free format string to specify any excluded obligations or
deliverable obligations, as the case may be, of the
reference entity or excluded types of obligations or
deliverable obligations. ISDA 2003 Term: Excluded
Obligations/Excluded Deliverable Obligations
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="othReferenceEntityObligations" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element is used to specify any other obligations of a
reference entity in both obligations and deliverable
obligations. The obligations can be specified free-form.
ISDA 2003 Term: Other Obligations of a Reference Entity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:element abstract="true" name="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
All elements used to represent obligation characteristics
belong to the substitution group obligationCharacteristic. ISDA
2003 Term: Obligation Characteristics
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="notSubordinated" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. An
obligation that ranks at least equal with the most senior
Reference Obligation in priority of payment or, if no Reference
Obligation is specified in the related Confirmation, the
obligations of the Reference Entity that are senior. ISDA 2003
Term: Not Subordinated
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="specifiedCurrency" substitutionGroup="obligationCharacteristic" type="CurrencyObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. The
currency or currencies in which an obligation or deliverable
obligation must be payable. ISDA 2003 Term: Specified Currency
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="notSovereignLender" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. Any
obligation that is not primarily (majority) owed to a Sovereign
or Supranational Organization. ISDA 2003 Term: Not Sovereign
Lender
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="notDomesticCurrency" substitutionGroup="obligationCharacteristic" type="CurrencyObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. Any
obligation that is payable in any currency other than the
domestic currency. Domestic currency is either the currency so
specified or, if no currency is specified, the currency of (a)
the reference entity, if the reference entity is a sovereign,
or (b) the jurisdiction in which the relevant reference entity
is organised, if the reference entity is not a sovereign. ISDA
2003 Term: Not Domestic Currency
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="notDomesticLaw" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. If the
reference entity is a Sovereign, this means any obligation that
is not subject to the laws of the reference entity. If the
reference entity is not a sovereign, this means any obligation
that is not subject to the laws of the jurisdiction of the
reference entity. ISDA 2003 Term: Not Domestic Law
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="listed" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic.
Indicates whether or not the obligation is quoted, listed or
ordinarily purchased and sold on an exchange. ISDA 2003 Term:
Listed
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="notDomesticIssuance" substitutionGroup="obligationCharacteristic" type="ObligationCharacteristic">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An obligation and deliverable obligation characteristic. Any
obligation other than an obligation that was intended to be
offered for sale primarily in the domestic market of the
relevant Reference Entity. This specifies that the obligation
must be an internationally recognized bond. ISDA 2003 Term: Not
Domestic Issuance
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:complexType name="ObligationCharacteristic"/>
<xsd:complexType name="CurrencyObligationCharac">
<xsd:complexContent>
<xsd:extension base="ObligationCharacteristic">
<xsd:sequence>
<xsd:element name="currency" type="Currency" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The currency in which an amount is denominated.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:element abstract="true" name="settlementTerms" type="SettlementTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The physicalSettlementTerms and cdsCashSettlementTerms belong
to the settlementTerms substitution group.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="cdsCashSettlementTerms" substitutionGroup="settlementTerms" type="CashSettlementTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relevant to cash
settlement for when cash settlement is applicable. ISDA 2003
Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="physicalSettlementTerms" substitutionGroup="settlementTerms" type="PhysicalSettlementTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relevant to physical
settlement for when physical settlement is applicable. ISDA
2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:complexType name="SettlementTerms"/>
<xsd:complexType name="CashSettlementTerms">
<xsd:complexContent>
<xsd:extension base="SettlementTerms">
<xsd:sequence>
<xsd:element name="cdsValuationDate" type="ValuationDate" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days after conditions to
settlement have been satisfied when the calculation
agent obtains a price quotation on the Reference
Obligation for purposes of cash settlement. There may
be one or more valuation dates. This is typically
specified if the cash settlement amount is not a fixed
amount. ISDA 2003 Term: Valuation Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="cdsValuationTime" type="BusinessCenterTime" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The time of day in the specified business center when
the calculation agent seeks quotations for an amount of
the reference obligation for purposes of cash
settlement. ISDA 2003 Term: Valuation Time
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="quotationMethod" type="QuotationRateTypeEnum" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The type of price quotations to be requested from
dealers when determining the market value of the
reference obligation for purposes of cash settlement.
For example, Bid, Offer or Mid-market. ISDA 2003 Term:
Quotation Method
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="quotationAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In the determination of a cash settlement amount, if
weighted average quotations are to be obtained, the
quotation amount specifies an upper limit to the
outstanding principal balance of the reference
obligation for which the quote should be obtained. If
not specified, the. ISDA definitions provide for a
fallback amount equal to the floating rate payer
calculation amount. ISDA 2003 Term: Quotation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="minimumQuotationAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In the determination of a cash settlement amount, if
weighted average quotations are to be obtained, the
minimum quotation amount specifies a minimum intended
threshold amount of outstanding principal balance of
the reference obligation for which the quote should be
obtained. If not specified, the. ISDA definitions
provide for a fallback amount of the lower of either
USD 1,000,000 (or its equivalent in the relevant
obligation currency) or the quotation amount. ISDA 2003
Term: Minimum Quotation Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="dealer" type="xsd:string" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A dealer from whom quotations are obtained by the
calculation agent on the reference obligation for
purposes of cash settlement. ISDA 2003 Term: Dealer
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="settlementCurrency" type="Currency" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The currency in which a cash settlement for
non-deliverable forward and non-deliverable options.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="cashSettlementBusinessDays" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days used in the determination
of the cash settlement payment date. If a cash
settlement amount is specified, the cash settlement
payment date will be this number of business days
following the calculation of the final price. If a cash
settlement amount is not specified, the cash settlement
payment date will be this number of business days after
all conditions to settlement are satisfied. ISDA 2003
Term: Cash Settlement Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="cashSettlementAmount" type="Money" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The amount paid by the seller to the buyer for cash
settlement on the cash settlement date. If not
otherwise specified, would typically be calculated as
100 (or the Reference Price) minus the price of the
Reference Obligation (all expressed as a percentage)
times Floating Rate Payer Calculation Amount. ISDA 2003
Term: Cash Settlement Amount
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="accruedInterest" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Indicates whether accrued interest is included (true)
or not (false). For cash settlement this specifies
whether quotations should be obtained inclusive or not
of accrued interest. For physical settlement this
specifies whether the buyer should deliver the
obligation with an outstanding principal balance that
includes or excludes accrued interest. ISDA 2003 Term:
Include/Exclude Accrued Interest
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="valuationMethod" type="ValuationMethod" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The ISDA defined methodology for determining the final
price of the reference obligation for purposes of cash
settlement. For example, Market, Highest etc.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="ValuationDate">
<xsd:choice>
<xsd:element name="singleValuationDate" type="SingleValuationDate">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Where single valuation date is specified as being
applicable for cash settlement, this element specifies the
number of business days after satisfaction of all
conditions to settlement when such valuation date occurs.
ISDA 2003 Term: Single Valuation Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="multipleValuationDates" type="MultipleValuationDates">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Where multiple valuation dates are specified as being
applicable for cash settlement, this element specifies (a)
the number of applicable valuation dates, and (b) the
number of business days after satisfaction of all
conditions to settlement when the first such valuation date
occurs, and (c) the number of business days thereafter of
each successive valuation date. ISDA 2003 Term: Multiple
Valuation Dates
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:choice>
</xsd:complexType>
<xsd:complexType name="SingleValuationDate">
<xsd:sequence>
<xsd:element name="businessDays" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A number of business days. Its precise meaning is dependant
on the context in which this element is used. ISDA 2003
Term: Business Day
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="MultipleValuationDates">
<xsd:complexContent>
<xsd:extension base="SingleValuationDate">
<xsd:sequence>
<xsd:element name="businessDaysThereafter" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days between successive
valuation dates when multiple valuation dates are
applicable for cash settlement. ISDA 2003 Term:
Business Days thereafter
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="numberValuationDates" type="xsd:integer" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Where multiple valuation dates are specified as being
applicable for cash settlement, this element specifies
(a) the number of applicable valuation dates, and (b)
the number of business days after satisfaction of all
conditions to settlement when the first such valuation
date occurs, and (c) the number of business days
thereafter of each successive valuation date. ISDA 2003
Term: Multiple Valuation Dates
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="PhysicalSettlementTerms">
<xsd:complexContent>
<xsd:extension base="SettlementTerms">
<xsd:sequence>
<xsd:element name="physicalSettlementPeriod" type="PhysicalSettlementPeriod" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The number of business days used in the determination
of the physical settlement date. The physical
settlement date is this number of business days after
all applicable conditions to settlement are satisfied.
If a number of business days is not specified fallback
provisions apply for determining the number of business
days. If Section 8.5/8.6 of the 1999/2003. ISDA
Definitions are to apply the businessDaysNotSpecified
element should be included. If a specified number of
business days are to apply these should be specified in
the businessDays element. If Section 8.5/8.6 of the
1999/2003. ISDA Definitions are to apply but capped at
a maximum number of business days then the maximum
number should be specified in the maximumBusinessDays
element. ISDA 2003 Term: Physical Settlement Period
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="deliverableObligations" type="DeliverableObligations">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the. ISDA terms relevant to
defining the deliverable obligations.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="escrow" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If this element is specified, indicates that physical
settlement must take place through the use of an escrow
agent. (For Canadian counterparties this is always "Not
Applicable. ISDA 2003 Term: Escrow
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="PhysicalSettlementPeriod">
<xsd:choice>
<xsd:element name="businessDaysNotSpecified" type="BusinessDaysNotSpecified">
<xsd:annotation>
<xsd:documentation xml:lang="en">
An explicit indication that a number of business days are
not specified and therefore ISDA fallback provisions should
apply.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="businessDays" type="xsd:integer">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A number of business days. Its precise meaning is dependant
on the context in which this element is used. ISDA 2003
Term: Business Day
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="maximumBusinessDays" type="xsd:integer">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A maximum number of business days. Its precise meaning is
dependant on the context in which this element is used.
Intended to be used to limit a particular. ISDA fallback
provision. ISDA 2003 Term:
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:choice>
</xsd:complexType>
<xsd:complexType name="BusinessDaysNotSpecified"/>
<xsd:complexType name="DeliverableObligations">
<xsd:sequence>
<xsd:element name="accruedInterest" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Indicates whether accrued interest is included (true) or
not (false). For cash settlement this specifies whether
quotations should be obtained inclusive or not of accrued
interest. For physical settlement this specifies whether
the buyer should deliver the obligation with an outstanding
principal balance that includes or excludes accrued
interest. ISDA 2003 Term: Include/Exclude Accrued Interest
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="category" type="ObligationCategory">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used in both obligations and deliverable obligations to
represent a class or type of securities which apply. ISDA
2003 Term: Obligation Category/Deliverable Obligation
Category
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element maxOccurs="unbounded" minOccurs="0" ref="obligationCharacteristic"/>
<xsd:element maxOccurs="unbounded" minOccurs="0" ref="deliverableObligationCharac"/>
<xsd:element name="excluded" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A free format string to specify any excluded obligations or
deliverable obligations, as the case may be, of the
reference entity or excluded types of obligations or
deliverable obligations. ISDA 2003 Term: Excluded
Obligations/Excluded Deliverable Obligations
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="othReferenceEntityObligations" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element is used to specify any other obligations of a
reference entity in both obligations and deliverable
obligations. The obligations can be specified free-form.
ISDA 2003 Term: Other Obligations of a Reference Entity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:element abstract="true" name="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
All elements used to represent deliverable obligation
characteristics that are not also obligation characteristics
belong to the substitution group deliverableObligationCharac
Elements that represent both obligation characteristics and
deliverable obligation characteristics belong to the
obligationCharacteristic substitution group. ISDA 2003 Term:
Deliverable Obligation Characteristics
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="notContingent" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. In essense Not
Contingent means the repayment of principal cannot be dependant
on a formula/index, i.e. to prevent the risk of being delivered
an instrument that may never pay any element of principal, and
to ensure that the obligation is interest bearing (on a regular
schedule). ISDA 2003 Term: Not Contingent
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="assignableLoan" substitutionGroup="deliverableObligationCharac" type="PCDeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. A loan that is freely
assignable to a bank or financial institution without the
consent of the Reference Entity or the guarantor, if any, of
the loan (or the consent of the applicable borrower if a
Reference Entity is guaranteeing the loan) or any agent. ISDA
2003 Term: Assignable Loan
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="consentRequiredLoan" substitutionGroup="deliverableObligationCharac" type="PCDeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. A loan that is capable
of being assigned with the consent of the Reference Entity or
the guarantor, if any, of the loan or any agent. ISDA 2003
Term: Consent Required Loan
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="directLoanParticipation" substitutionGroup="deliverableObligationCharac" type="DirectLoanParticipation">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. A loan with a
participation agreement whereby the buyer is capable of
creating, or procuring the creation of, a contractual right in
favour of the seller that provides the seller with recourse to
the participation seller for a specified share in any payments
due under the relevant loan which are received by the
participation seller. ISDA 2003 Term: Direct Loan Participation
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="transferable" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. An obligation that is
transferable to institutional investors without any
contractual, statutory or regulatory restrictions. ISDA 2003
Term: Transferable
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="maximumMaturity" substitutionGroup="deliverableObligationCharac" type="MaximumMaturity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. An obligation that has
a remaining maturity from the Physical Settlement Date of not
greater than the period specified. ISDA 2003 Term: Maximum
Maturity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="acceleratedOrMatured" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. An obligation at time
of default is due to mature and due to be repaid, or as a
result of downgrade/bankruptcy is due to be repaid as a result
of an acceleration clause. ISDA 2003 Term: Accelerated or
Matured
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="notBearer" substitutionGroup="deliverableObligationCharac" type="DeliverableObligationCharac">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A deliverable obligation characteristic. Any obligation that is
not a bearer instrument. This applies to Bonds only and is
meant to avoid tax, fraud and security/delivery provisions that
can potentially be associated with Bearer Bonds. ISDA 2003
Term: Not Bearer
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:complexType name="DeliverableObligationCharac"/>
<xsd:complexType name="PCDeliverableObligationCharac">
<xsd:complexContent>
<xsd:extension base="DeliverableObligationCharac">
<xsd:sequence>
<xsd:element name="partialCashSettlement" type="PartialCashSettlement" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Specifies whether either 'Partial Cash Settlement of
Assignable Loans', 'Partial Cash Settlement of Consent
Required Loans' or 'Partial Cash Settlement of
Participations' is applicable. If this element is
specified and Assignable Loan is a Deliverable
Obligation Chracteristic, any Assignable Loan that is
deliverable, but where a non-receipt of Consent by the
Physical Settlement Date has occurred, the Loan can be
cash settled rather than physically delivered. If this
element is specified and Consent Required Loan is a
Deliverable Obligation Characterisitc, any Consent
Required Loan that is deliverable, but where a
non-receipt of Consent by the Physical Settlement Date
has occurred, the Loan can be cash settled rather than
physically delivered.If this element is specified and
Direct Loan Participation is a Deliverable Obligation
Characterisitc, any Participation that is deliverable,
but where this participation has not been effected (has
not come into effect) by the Physical Settlement Date,
the participation can be cash settled rather than
physically delivered.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="PartialCashSettlement"/>
<xsd:complexType name="DirectLoanParticipation">
<xsd:complexContent>
<xsd:extension base="PCDeliverableObligationCharac">
<xsd:sequence>
<xsd:element name="qualifyingParticipationSeller" type="xsd:string" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
If Direct Loan Participation is specified as a
deliverable obligation characteristic, this specifies
any requirements for the Qualifying Participation
Seller. The requirements may be listed free-form. ISDA
2003 Term: Qualifying Participation Seller
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="MaximumMaturity">
<xsd:complexContent>
<xsd:extension base="DeliverableObligationCharac">
<xsd:sequence>
<xsd:element name="periodMultiplier" type="xsd:integer">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A time period multiplier, e.g. 1, 2 or 3 etc. A
negative value can be used when specifying an offset
relative to another date, e.g. -2 days. If the period
value is T (Term) then periodMultiplier must contain
the value 1.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="period" type="PeriodEnum">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A time period, e.g. a day, week, month, year or term of
the stream. If the periodMultiplier value is 0 (zero)
then period must contain the value D (day).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:element name="creditDefaultSwap" substitutionGroup="product" type="CreditDefaultSwap">
<xsd:annotation>
<xsd:documentation xml:lang="en">
In a credit default swap one party (the protection seller)
agrees to compensate another party (the protection buyer) if a
specified company or Sovereign (the reference entity)
experiences a credit event, indicating it is or may be unable
to service its debts. The protection seller is typically paid a
fee and/or premium, expressed as an annualized percent of the
notional in basis points, regularly over the life of the
transaction or otherwise as agreed by the parties.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:complexType name="CreditDefaultSwap">
<xsd:complexContent>
<xsd:extension base="Product">
<xsd:sequence>
<xsd:element name="generalTerms" type="GeneralTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the the data that appears in
the section entitled "1. General Terms" in the 2003.
ISDA Credit Derivatives Confirmation.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="feeLeg" type="FeeLeg">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to
defining the fixed amounts/payments per the applicable.
ISDA definitions.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="protectionTerms" type="ProtectionTerms">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to
defining the applicable floating rate payer calculation
amount, credit events and associated conditions to
settlement, and reference obligations.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element minOccurs="0" ref="settlementTerms"/>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
<xsd:complexType name="GeneralTerms">
<xsd:sequence>
<xsd:element name="effectiveDate" type="AdjustableDate">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The first day of the term of the trade. This day may be
subject to adjustment in accordance with a business day
convention.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="scheduledTerminationDate" type="AdjustableOrRelativeDate">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The scheduled date on which the credit protection will
lapse. May be specified as an adjusting or non-adjusting
date or alternatively as a period offset from the effective
date. ISDA 2003 Term: Scheduled Termination Date
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="sellerPartyReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the
seller of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
<xsd:element name="buyerPartyReference">
<xsd:annotation>
<xsd:documentation xml:lang="en">
A pointer style reference to a party identifier defined
elsewhere in the document. The party referenced is the
buyer of the instrument.
</xsd:documentation>
</xsd:annotation>
<xsd:complexType>
<xsd:attribute name="href" type="xsd:IDREF" use="required"/>
</xsd:complexType>
</xsd:element>
<xsd:element name="dateAdjustments" type="BusinessDayAdjustments" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The business day convention and financial business centers
used for adjusting the date if it would otherwise fall on a
day that is not a business dat in the specified business
centers.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="referenceInformation" type="ReferenceInformation">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element contains all the terms relevant to defining
the reference entity and reference obligation(s).
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="additionalTerm" type="AdditionalTerm" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
This element is used for representing information contained
in the Additional Terms field of the 2003 Master Credit
Derivatives confirm.
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:complexType name="ReferenceInformation">
<xsd:sequence>
<xsd:element name="referenceEntity" type="LegalEntity">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The corporate or sovereign entity on which you are buying
or selling protection and any successor that assumes all or
substantially all of its contractual and other obligations.
It is vital to use the correct legal name of the entity and
to be careful not to choose a subsidiary if you really want
to trade protection on a parent company. Please note,
Reference Entities cannot be senior or subordinated. It is
the obligations of the Reference Entities that can be
senior or subordinated. ISDA 2003 Term: Reference Entity
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="referenceObligation" type="ReferenceObligation" minOccurs="0" maxOccurs="unbounded">
<xsd:annotation>
<xsd:documentation xml:lang="en">
The Reference Obligation is a financial instrument that is
either issued or guarenteed by the reference entity. It
serves to clarify the precise reference entity protection
is being offered upon, and its legal position with regard
to other related firms (parents/subsidiaries). Furthermore
the Reference Obligation is ALWAYS deliverable and
establishs the Pari Passu ranking (as the deliverable bonds
must rank equal to the reference obligation. ISDA 2003
Term: Reference Obligation
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="allGuarantees" type="xsd:boolean" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Indicates whether an obligation of the Reference Entity,
guaranteed by the Reference Entity on behalf of a
non-Affiliate, is to be considered an Obligation for the
purpose of the transaction. It will be considered an
obligation if allGuarantees is applicable (true) and not if
allGuarantees is inapplicable (false). ISDA 2003 Term: All
Guarantees
</xsd:documentation>
</xsd:annotation>
</xsd:element>
<xsd:element name="referencePrice" type="xsd:decimal" minOccurs="0">
<xsd:annotation>
<xsd:documentation xml:lang="en">
Used to determine (a) for physically settled trades, the
Physical Settlement Amount, which equals the Floating Rate
Payer Notional Amount times the Reference Price and (b) for
cash settled trades, the Cash Settlement Amount, which
equals the greater of (i) the difference between the
Reference Price and the Final Price and (ii) zero. ISDA
2003 Term: Reference Price
</xsd:documentation>
</xsd:annotation>
</xsd:element>
</xsd:sequence>
</xsd:complexType>
<xsd:simpleType name="ObligationCategory">
<xsd:restriction base="xsd:normalizedString">
<xsd:enumeration value="Payment"/>
<xsd:enumeration value="BorrowedMoney"/>
<xsd:enumeration value="ReferenceObligationsOnly"/>
<xsd:enumeration value="Bond"/>
<xsd:enumeration value="Loan"/>
<xsd:enumeration value="BondOrLoan"/>
</xsd:restriction>
</xsd:simpleType>
<xsd:simpleType name="ValuationMethod">
<xsd:restriction base="xsd:normalizedString">
<xsd:enumeration value="Market"/>
<xsd:enumeration value="Highest"/>
<xsd:enumeration value="AverageMarket"/>
<xsd:enumeration value="AverageHighest"/>
<xsd:enumeration value="BlendedMarket"/>
<xsd:enumeration value="BlendedHighest"/>
<xsd:enumeration value="AverageBlendedMarket"/>
<xsd:enumeration value="AverageBlendedHighest"/>
</xsd:restriction>
</xsd:simpleType>
<xsd:complexType name="RestructuringType">
<xsd:simpleContent>
<xsd:extension base="xsd:normalizedString">
<xsd:attribute name="restructuringScheme" type="xsd:normalizedString" default="http://www.fpml.org/spec/2003/restructuring-1-0"/>
</xsd:extension>
</xsd:simpleContent>
</xsd:complexType>
</xsd:schema>