element <marketFixedRate> (local)

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

Content Model Diagram

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

Included in content model of elements (2):

  feeLeg (defined in CreditDefaultSwap complexType), | feeLeg (defined in LimitedCreditDefaultSwap complexType)

Annotation
An optional element that only has meaning in a credit index trade. This element contains the credit spread ("fair value") at which the trade was executed. Unlike the fixedRate of an index, the marketFixedRate varies over the life of the index depending on market conditions. The marketFixedRate is the price of the index as quoted by trading desks.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="marketFixedRate" 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.