element <observedRate> (local)

Namespace: | http://www.fpml.org/FpML-5/confirmation
Type: | xsd:decimal
Content: | simple
Defined: | locally witnin RateObservation complexType in fpml-shared-5-3.xsd; see XML source

Content Model Diagram

XML Representation Summary
<observedRate>
| Content: | { xsd:decimal }
</observedRate>

Included in content model of elements (1):

  rateObservation (in floatingRateDefinition)

Annotation
The actual observed rate before any required rate treatment is applied, e.g. before converting a rate quoted on a discount basis to an equivalent yield. An observed rate of 5% would be represented as 0.05.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="observedRate" type="xsd:decimal"/>

XML schema documentation generated with DocFlex/XML 1.8.6b2 using DocFlex/XML XSDDoc 2.5.1 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.