element <businessDayConvention> (local)

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

Content Model Diagram

XML Representation Summary
<businessDayConvention>
| Content: | { enumeration of xsd:token }
</businessDayConvention>

Simple Content Detail:

Enumeration: |
"FOLLOWING" | - | The non-business date will be adjusted to the first following day that is a business day See: http://www.FpML.org
"FRN" | - | Per 2000 ISDA Definitions, Section 4.11. FRN Convention; Eurodollar Convention. See: http://www.FpML.org
"MODFOLLOWING" | - | The non-business date will be adjusted to the first following day that is a business day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a business day. See: http://www.FpML.org
"PRECEDING" | - | The non-business day will be adjusted to the first preceding day that is a business day. See: http://www.FpML.org
"MODPRECEDING" | - | The non-business date will be adjusted to the first preceding day that is a business day unless that day falls in the previous calendar month, in which case that date will be the first following day that us a business day. See: http://www.FpML.org
"NEAREST" | - | The non-business date will be adjusted to the nearest day that is a business day - i.e. if the non-business day falls on any day other than a Sunday or a Monday, it will be the first preceding day that is a business day, and will be the first following business day if it falls on a Sunday or a Monday. See: http://www.FpML.org
"NONE" | - | The date will not be adjusted if it falls on a day that is not a business day. See: http://www.FpML.org
"NotApplicable" | - | The date adjustments conventions are defined elsewhere, so it is not required to specify them here. See: http://www.FpML.org

Included in content model of elements (10):

  calculationPeriodDatesAdjustments (defined in PeriodicDates complexType),
  calculationPeriodDatesAdjustments (in calculationPeriodDates),
  dateAdjustments (defined in AdjustableDate.model group),
  dateAdjustments (defined in AdjustableDate2 complexType),
  dateAdjustments (defined in AdjustableDates complexType),
  dateAdjustments (defined in DividendPeriod complexType),
  dateAdjustments (defined in GeneralTerms complexType),
  paymentDatesAdjustments,
  relativeDateAdjustments,
  resetDatesAdjustments

Annotation
The convention for adjusting a date if it would otherwise fall on a day that is not a business day.
XML Source (w/o annotations (1); see within schema source)

<xsd:element name="businessDayConvention" type="BusinessDayConventionEnum"/>

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.