element <duration> (local)
Namespace:
http://www.fpml.org/FpML-5/confirmation
Type:
SecurityLendingDurationEnum
Content:
simple
Defined:
locally within SecurityLending complexType in fpml-sec-lending-5-13.xsd; see XML source
Component Diagram
XML Representation Summary
<duration>
   
Content: 
{ enumeration of xsd:token }
</duration>
Simple Content Detail:
Enumeration:
"Open"
 - 
Indicates that the contract is an open arrangement, which remains in effect unless or until terminated at the option of one or both parties. Repo business rule: When the repo is 'Open', the forward leg MUST NOT be specified. SBL business rule: When a security lending arrangement is 'Open', the termination block ('termination/settlementDate') MUST NOT be specified.
"Term"
 - 
Indicates that a contract is a regular term contract, with a start date and an end date. Repo business rule: When the repo is 'Term', both spot and forward legs MUST be specified. SBL business rule: When a security lending arrangement is 'Term', both the initiation block ('initiation/settlementDate') and the termination block ('termination/settlementDate') MUST be specified.
Included in content model of elements (1):
securityLending
Annotation
Duration of the security lending transaction. {e.g. Open, Term}.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="duration" type="SecurityLendingDurationEnum"/>
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.