group "FixedRecovery.model"
Namespace:
http://www.fpml.org/FpML-5/recordkeeping
Content:
2 elements
Defined:
globally in fpml-cd-5-13.xsd; see XML source
Includes:
definitions of 2 elements
Used:
at 1 location
Component Diagram
Complex Content Model
cashSettlementAmount | recoveryFactor
Content Model Elements (2):
cashSettlementAmount, recoveryFactor
Known Usage Locations
XML Source (w/o annotations (2); see within schema source)
<xsd:group name="FixedRecovery.model">
<xsd:choice>
<xsd:element name="cashSettlementAmount" type="Money"/>
<xsd:element name="recoveryFactor" type="DecimalFraction"/>
</xsd:choice>
</xsd:group>
Content Element Detail (all declarations; defined within this component only; 2/2)
cashSettlementAmount
Type:
Money, complex content
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.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="cashSettlementAmount" type="Money"/>
recoveryFactor
Type:
DecimalFraction, simple content
Used for fixed recovery, specifies the recovery level, determined at contract inception, to be applied on a default. Used to calculate the amount paid by the seller to the buyer for cash settlement on the cash settlement date. Amount calculation is (1 minus the Recovery Factor) multiplied by the Floating Rate Payer Calculation Amount. The currency will be derived from the Floating Rate Payer Calculation Amount.
Simple Content
xsd:decimal
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="recoveryFactor" type="DecimalFraction"/>
XML schema documentation generated with FlexDoc/XML 1.12.2 using FlexDoc/XML XSDDoc 2.9.1 template set. All XSD diagrams generated by FlexDoc/XML DiagramKit.