element <initialPayment> (local)
Namespace:
http://www.fpml.org/FpML-5/transparency
Type:
InitialPayment
Content:
complex, 1 attribute, 1 element
Defined:
locally witnin FeeLeg complexType in fpml-cd-5-3.xsd; see XML source
Content Model Diagram
XML Representation Summary
<initialPayment
   
id
 = 
 xsd:ID
    >
   
Content: 
 paymentAmount
</initialPayment>
Content model elements (1):
paymentAmount (in initialPayment)
Included in content model of elements (2):
feeLeg (in creditDefaultSwap in creditDefaultSwapOption), feeLeg (in creditDefaultSwap)
Annotation
Specifies a single fixed payment that is payable by the payer to the receiver on the initial payment date. The fixed payment to be paid is specified in terms of a known currency amount. This element should be used for CDS Index trades and can be used for CDS trades where it is necessary to represent a payment from Seller to Buyer. For CDS trades where a payment is to be made from Buyer to Seller the feeLeg/singlePayment structure must be used.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="initialPayment" type="InitialPayment"/>
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.