element <distressedRatingsDowngrade> (local)
Namespace:
http://www.fpml.org/FpML-5/confirmation
Type:
xsd:boolean
Content:
simple
Defined:
locally within CreditEvents complexType in fpml-option-shared-5-13.xsd; see XML source
Component Diagram
XML Representation Summary
<distressedRatingsDowngrade>
   
Content: 
{ xsd:boolean }
</distressedRatingsDowngrade>
Included in content model of elements (3):
creditEvents (in creditCurve),
creditEvents (in protectionTerms),
creditEvents (in trigger defined in TriggerEvent complexType)
Annotation
A credit event. Results from the fact that the rating of the reference obligation is downgraded to a distressed rating level. From a usage standpoint, this credit event is typically not applicable in case of RMBS trades.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="distressedRatingsDowngrade" type="xsd:boolean"/>
XML schema documentation generated with FlexDoc/XML 1.12.2 using FlexDoc/XML XSDDoc 2.9.1 template set. All XSD diagrams generated by FlexDoc/XML DiagramKit.