simpleType "SwaptionTypeEnum"

Namespace: | http://www.fpml.org/FpML-5/reporting
Defined: | globally in fpml-enum-5-5.xsd; see XML source
Used: | at 1 location

Simple Content Model
enumeration of xsd:token

Simple Content Restrictions:

Enumeration: |
"Payer" | - | A Payer swaption confers on the buyer the right, but not the obligation, to enter into the underlying swap as payer of the fixed rate (and receiver of the floating rate). See: http://www.FpML.org
"Receiver" | - | A Receiver swaption confers on the buyer the right, but not the obligation, to enter into the underlying swap as receiver of the fixed rate (and payer of the floating rate). See: http://www.FpML.org
"Straddle" | - | A swaption straddle is a strategy trade, in which the buyer simultaneously purchases a Payer and a Receiver swaption at the same strike (fixed rate) and with otherwise identical economic characteristics. See: http://www.FpML.org
"NonStandard" | - | This designation is reserved for swaptions with non-standard characteristics e.g. having a basis swap or cross-currency swap underlyer. See: http://www.FpML.org

All Direct / Indirect Based Elements (1):

  optionType (in swaption)

Known Usage Locations

- As direct type of elements (1):
  optionType (in swaption)

Annotation
Specifies the type of the swaption. A swaption is an option which confers on the buyer the right, but not the obligation, to enter into an interest rate swap (the "underlying" transaction) on exercise. The underlyer is typically a "vanilla" fixed-floating, single-currency interest rate swap.
See: http://www.FpML.org
Type Definition Detail

Type Derivation Tree xsd:token (restriction) SwaptionTypeEnum

Derivation: | restriction of xsd:token
Facets: |
enumeration: |
"Payer" | - | A Payer swaption confers on the buyer the right, but not the obligation, to enter into the underlying swap as payer of the fixed rate (and receiver of the floating rate). See: http://www.FpML.org
"Receiver" | - | A Receiver swaption confers on the buyer the right, but not the obligation, to enter into the underlying swap as receiver of the fixed rate (and payer of the floating rate). See: http://www.FpML.org
"Straddle" | - | A swaption straddle is a strategy trade, in which the buyer simultaneously purchases a Payer and a Receiver swaption at the same strike (fixed rate) and with otherwise identical economic characteristics. See: http://www.FpML.org
"NonStandard" | - | This designation is reserved for swaptions with non-standard characteristics e.g. having a basis swap or cross-currency swap underlyer. See: http://www.FpML.org

XML Source (w/o annotations (5); see within schema source)

<xsd:simpleType name="SwaptionTypeEnum"> <xsd:restriction base="xsd:token"> <xsd:enumeration value="Payer"/> <xsd:enumeration value="Receiver"/> <xsd:enumeration value="Straddle"/> <xsd:enumeration value="NonStandard"/> </xsd:restriction> </xsd:simpleType>

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.