FpML Issues Tracker
The Business Day Convention uses the term "NONE". I suggest in the next change when we can make a non-backwards compatible change that it is changed to "ACTUAL".
IMHO The term "ACTUAL" has better support in the industry for date rolling conventions.
This also avoids confusion with the other enumeration value of no convention of "NotApplicable".
01/28/09 7:50 am
2009-01-26: The Coordination Committee agreed that this is not an issue. The value Actual is used only in day count fractions but not in business day conventions.
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