complexType "LoanFloatingRateAccrual"

Namespace:	http://www.fpml.org/FpML-5/confirmation
Content:	complex, 14 elements
Defined:	globally in fpml-loan-5-13.xsd; see XML source
Includes:	definitions of 7 elements
Used:	at 1 location

Component Diagram

XML Representation Summary

<...>

Content:

accrualOptionId, dayCountFraction, paymentFrequency?, rate, startDate, endDate, numberOfDays, (rateEffectiveDate, baseRate?, (pikSpread?, fundingLossSpread?, defaultSpread?, mandatoryCostRate?, allInRate)?)?

</...>

Content Model Elements (14):

accrualOptionId (defined in AbstractAccrualOptionBase complexType),

allInRate (in floatingRateAccrual),

baseRate (in floatingRateAccrual),

dayCountFraction (defined in AbstractAccrualOptionBase complexType),

defaultSpread (in floatingRateAccrual),

endDate (defined in Period.model group),

fundingLossSpread,

mandatoryCostRate (in floatingRateAccrual),

numberOfDays (defined in PeriodWithDays.model group),

paymentFrequency (defined in AbstractAccrualOptionBase complexType),

pikSpread (in floatingRateAccrual),

rate (defined in AbstractLoanFloatingRateOptionBase complexType),

rateEffectiveDate,

startDate (defined in Period.model group)

All Direct / Indirect Based Elements (1):

floatingRateAccrual

Known Usage Locations

As direct type of elements (1):

floatingRateAccrual

Annotation

A full definition of the accrual characteristics of a loan contract. This structure defines both the underlying base rate as well as any additional margins and costs associated with the loan contract.

Type Definition Detail

Type Derivation Tree

AbstractAccrualOptionBase (extension)

AbstractLoanFloatingRateOptionBase (extension)

LoanFloatingRateAccrual

XML Source (w/o annotations (9); see within schema source)

<xsd:complexType name="LoanFloatingRateAccrual">

<xsd:complexContent>

<xsd:extension base="AbstractLoanFloatingRateOptionBase">

<xsd:sequence>

<xsd:group ref="PeriodWithDays.model"/>

<xsd:sequence minOccurs="0">

<xsd:sequence>

<xsd:element name="rateEffectiveDate" type="xsd:date"/>

<xsd:element minOccurs="0" name="baseRate" type="xsd:decimal"/>

</xsd:sequence>

<xsd:sequence minOccurs="0">

<xsd:element minOccurs="0" name="pikSpread" type="xsd:decimal"/>

<xsd:element minOccurs="0" name="fundingLossSpread" type="xsd:decimal"/>

<xsd:element minOccurs="0" name="defaultSpread" type="xsd:decimal"/>

<xsd:element minOccurs="0" name="mandatoryCostRate" type="xsd:decimal"/>

<xsd:element name="allInRate" type="xsd:decimal"/>

</xsd:sequence>

</xsd:extension>

</xsd:complexContent>

</xsd:complexType>

Content Element Detail (all declarations; defined within this component only; 7/14)

allInRate

Type:

xsd:decimal, predefined, simple content

The actual percentage rate charged to the borrower. (Base Rate + Interest Spread Adjustment + Spread + Default Rate + Funding Loss Rate + Mandatory Cost Rate) = All In Rate. This rate NEVER includes PIK.