complexType "SecurityLending"
Namespace:
http://www.fpml.org/FpML-5/confirmation
Content:
complex, 1 attribute, 24 elements
Defined:
globally in fpml-repo-5-11.xsd; see XML source
Includes:
definitions of 9 elements
Used:
at 1 location
Content Model Diagram
XML Representation Summary
<...
   
id
 = 
xsd:ID
   
>
   
Content: 
(primaryAssetClass?, secondaryAssetClass*, productType*, productId*, assetClass*)?, (fixedRateSchedule | floatingRateCalculation | feeRateSchedule), dayCountFraction, dividendRate?, allInRate?, prepaidRate?, (duration | (callingParty, callDate?, (noticePeriod | partyNoticePeriod[1..2])?)), initialMargin?, nearLeg, farLeg?, ((bond | convertibleBond | equity)+ | triParty)
</...>
Content Model Elements (24):
productId (defined in Product.model group),
productType (defined in Product.model group),
All Direct / Indirect Based Elements (1):
securityLending
Known Usage Locations
Annotation
A Security Lending, modeled as an FpML:Product. The owner of the securities lends the securities for collateral, which may be cash or non-cash collateral at: an agreed date, specific time frame and price. The stock borrower supplies the collateral: The stock borrower pays a fee on the stock being lent. If cash collateral, the cash borrower pays a rate of interest known as a rebate. Note: this Security Lending model is a candidate model for further industry input.
Type Definition Detail
Type Derivation Tree
Product (extension)
  SecurityLending
XML Source (w/o annotations (14); see within schema source)
<xsd:complexType name="SecurityLending">
<xsd:complexContent>
<xsd:extension base="Product">
<xsd:sequence>
<xsd:choice>
<xsd:group ref="RateCalculation.model"/>
<xsd:element name="feeRateSchedule" type="Schedule"/>
</xsd:choice>
<xsd:element name="dayCountFraction" type="DayCountFraction"/>
<xsd:element minOccurs="0" name="dividendRate" type="xsd:decimal"/>
<xsd:element minOccurs="0" name="allInRate" type="xsd:decimal"/>
<xsd:element minOccurs="0" name="prepaidRate" type="xsd:decimal"/>
<xsd:choice>
<xsd:element name="duration" type="SecurityLendingDurationEnum"/>
<xsd:group ref="OpenEndedOrCallable.model"/>
</xsd:choice>
<xsd:element minOccurs="0" name="initialMargin" type="InitialMargin"/>
<xsd:element name="nearLeg" type="SBLNearLeg"/>
<xsd:element minOccurs="0" name="farLeg" type="SBLFarLeg"/>
<xsd:group ref="CollateralOrTriParty.model"/>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
Content Element Detail (all declarations; defined within this component only; 9/24)
allInRate
Type:
xsd:decimal, predefined, simple content
Specifies the rate used to express the cost of borrowing as a percentage of dividend value and is useful when borrowing over dividend season.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="allInRate" type="xsd:decimal"/>
dayCountFraction
Type:
DayCountFraction, simple content
The day count fraction for calculating a fee or a rebate on a SBL transaction.
Simple Content
xsd:normalizedString
maxLength:
255
minLength:
0
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="dayCountFraction" type="DayCountFraction"/>
dividendRate
Type:
xsd:decimal, predefined, simple content
Specifies the proportion of the value of the dividend on the borrowed shares that the borrower is legally obligated to return to the lender.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="dividendRate" type="xsd:decimal"/>
duration
Type:
SecurityLendingDurationEnum, simple content
A duration code for the security lending transaction. This defines a type of a security lending transaction with fixed duration. The fixed duration can only by Term for a security lending transaction.
Simple Content
enumeration of xsd:token
Enumeration:
"Term"
 - 
Indicates that a contract is a regular term contract, with a start date and an end date. Business rule: When the repo is 'Term', both spot and forward legs must be specified.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="duration" type="SecurityLendingDurationEnum"/>
farLeg
Type:
SBLFarLeg, complex content
The far leg of the Security Lending and Borrowing (SBL) agreement. The Deliverer/Reciver model in the far leg must be the exact opposite of the one found in the near leg.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="farLeg" type="SBLFarLeg"/>
feeRateSchedule
Type:
Schedule, complex content
The stock borrower pays a fee on the stock being lent.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="feeRateSchedule" type="Schedule"/>
initialMargin
Type:
InitialMargin, complex content
Defines initial margin applied to a SBL transaction.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="initialMargin" type="InitialMargin"/>
nearLeg
Type:
SBLNearLeg, complex content
A Security Lending and Borrowing (SBL) agreement is modeled as two Deliverer/Receiver transactions which are called legs. This is the spot leg, i.e. the transaction that will be executed on the near settlement date of the contract.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="nearLeg" type="SBLNearLeg"/>
prepaidRate
Type:
xsd:decimal, predefined, simple content
Specifies the rate which is applied to cash collateral when cash collateral settled ahead of borrowed security.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="prepaidRate" type="xsd:decimal"/>
XML schema documentation generated with DocFlex/XML 1.10b5 using DocFlex/XML XSDDoc 2.8.1 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.