element <averagingMethod> (local)

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

Content Model Diagram

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

Simple Content Detail:

Enumeration: |
"Unweighted" | - | The arithmetic mean of the relevant rates for each reset date. See: http://www.FpML.org
"Weighted" | - | The arithmetic mean of the relevant rates in effect for each day in a calculation period calculated by multiplying each relevant rate by the number of days such relevant rate is in effect, determining the sum of such products and dividing such sum by the number of days in the calculation period. See: http://www.FpML.org

Included in content model of elements (3):

  floatingRateCalculation,
  floatingRateCalculation (defined in InterestAccrualsMethod complexType),
  inflationRateCalculation

Annotation
If averaging is applicable, this component specifies whether a weighted or unweighted average method of calculation is to be used. The component must only be included when averaging applies.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="averagingMethod" type="AveragingMethodEnum"/>

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.