element <calculationMethod> (local)

Namespace:	http://www.fpml.org/FpML-5/confirmation
Type:	InflationCalculationMethodEnum
Content:	simple
Defined:	locally within InflationRateCalculation complexType in fpml-ird-5-11.xsd; see XML source

Content Model Diagram

Simple Content Detail:

Enumeration:

"Ratio"	-	(Inflation Index Final / Inflation Index Base). Inflation Index Final is inflation index for Reference Month that is the Lag number of months prior to Payment Date (subject to interpolation). Inflation Index Base subject to the Calculation Style. Used in inflation asset swaps to calculate the inflation coupons and principal exchange.
"Return"	-	(Inflation Index Final / Inflation Index Base -1). Inflation Index Final is the inflation index for Reference Month that is the Lag number of months prior to Payment Date (subject to interp). Inflation Index Base subject to the Calculation Style. Used in market standard ZC Inflation swaps.
"Spread"	-	Inflation Index Final - Inflation Index Base). Inflation Index Final is Index for Ref month the Lag months prior to Payment Date (subject to interp). Inflation Index Base subject to the Calculation Style. Typically used for fixing locks.

Included in content model of elements (1):

Annotation

Indicates how to use the inflation index to calculate the payment (e.g. Ratio, Return, Spread).

XML Source (w/o annotations (1); see within schema source)

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.