element <floorRateSchedule> (local)

Namespace: | http://www.fpml.org/FpML-5/transparency
Type: | StrikeSchedule
Content: | complex, 1 attribute, 3 elements
Defined: | locally witnin FloatingRate complexType in fpml-shared-5-3.xsd; see XML source

Content Model Diagram

XML Representation Summary
<floorRateSchedule
id | = | xsd:ID
| >
Content: | initialValue, buyer?, seller?
</floorRateSchedule>

Content model elements (3):

  buyer (defined in StrikeSchedule complexType), initialValue (defined in Schedule complexType), | seller (defined in StrikeSchedule complexType)

Included in content model of elements (5):

  floatingRate (defined in StubValue complexType),
  floatingRate (in underlyer defined in GenericProduct complexType),
  floatingRateCalculation,
  floatingRateCalculation (defined in InterestAccrualsMethod complexType),
  inflationRateCalculation

Annotation
The floor rate or floor rate schedule, if any, which applies to the floating rate. The floor rate (strike) is only required where the floating rate on a swap stream is floored at a certain strike level. A floor rate schedule is expressed as explicit floor rates and dates and the step dates may be subject to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments. The floor rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A floor rate of 5% would be represented as 0.05.
XML Source (w/o annotations (1); see within schema source)

<xsd:element maxOccurs="unbounded" minOccurs="0" name="floorRateSchedule" type="StrikeSchedule"/>

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.