element <businessDayConvention> (local)

Namespace: | http://www.fpml.org/FpML-5/transparency
Type: | BusinessDayConventionEnum
Content: | simple
Defined: | locally witnin BusinessDateRange complexType in fpml-shared-5-5.xsd; see XML source

Content Model Diagram

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

Simple Content Detail:

Enumeration: |
"FOLLOWING" | - | The non-business date will be adjusted to the first following day that is a business day See: http://www.FpML.org
"FRN" | - | Per 2000 ISDA Definitions, Section 4.11. FRN Convention; Eurodollar Convention. See: http://www.FpML.org
"MODFOLLOWING" | - | The non-business date will be adjusted to the first following day that is a business day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a business day. See: http://www.FpML.org
"PRECEDING" | - | The non-business day will be adjusted to the first preceding day that is a business day. See: http://www.FpML.org
"MODPRECEDING" | - | The non-business date will be adjusted to the first preceding day that is a business day unless that day falls in the previous calendar month, in which case that date will be the first following day that us a business day. See: http://www.FpML.org
"NEAREST" | - | The non-business date will be adjusted to the nearest day that is a business day - i.e. if the non-business day falls on any day other than a Sunday or a Monday, it will be the first preceding day that is a business day, and will be the first following business day if it falls on a Sunday or a Monday. See: http://www.FpML.org
"NONE" | - | The date will not be adjusted if it falls on a day that is not a business day. See: http://www.FpML.org
"NotApplicable" | - | The date adjustments conventions are defined elsewhere, so it is not required to specify them here. See: http://www.FpML.org

Annotation
The convention for adjusting a date if it would otherwise fall on a day that is not a business day.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="businessDayConvention" type="BusinessDayConventionEnum"/>

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.