complexType "SecLendRebateCalculation"

Namespace:	http://www.fpml.org/FpML-5/confirmation
Content:	complex, 3 elements
Defined:	globally in fpml-sec-lending-5-11.xsd; see XML source
Used:	at 2 locations

Content Model Diagram

XML Representation Summary

<...>

Content:

fixedRateSchedule | (floatingRateCalculation, resetFrequency?)

</...>

Content Model Elements (3):

fixedRateSchedule (defined in RateCalculation.model group),

floatingRateCalculation (defined in RateCalculation.model group),

resetFrequency (defined in RateCalculation.model group)

All Direct / Indirect Based Elements (2):

rebate (in securityLending),

rebate (in securityLending)

Known Usage Locations

As direct type of elements (2):

rebate (in securityLending),

rebate (in securityLending)

Annotation

Cash collateral rebate in a security lending transaction: a portion of investment interest on the cash collateral, rebated (returned) to the party posting the collateral (the security borrower). Under a cash-collateralised transation, the securities lending fee is implicit in the level of the rebate. In the case of a "special" loan on a hard-to-borrow security, a negative rebate may be negotiated i.e. the borrower pays a fee to the lender. The lender retains the investment earnings on the cash collateral, and earns an additional premium.

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

<xsd:complexType name="SecLendRebateCalculation">

<xsd:group ref="RateCalculation.model"/>

</xsd:complexType>

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.