element <fallbackRate> (local)

Namespace:	http://www.fpml.org/FpML-5/confirmation
Type:	FallbackRate
Content:	complex, 1 attribute, 5 elements
Defined:	locally within FloatingRate complexType in fpml-shared-5-13.xsd; see XML source

Component Diagram

XML Representation Summary

<fallbackRate

xsd:ID

Content:

effectiveDate | (floatingRateIndex, effectiveDate?, calculationParameters?, spreadAdjustment?)

</fallbackRate>

Content model elements (5):

calculationParameters (defined in FallbackRate complexType),

effectiveDate (defined in FallbackRate complexType),

floatingRateIndex (defined in FallbackRate complexType),

spreadAdjustment (defined in FallbackRate complexType)

Included in content model of elements (6):

floatingRate (defined in TradeUnderlyer2 complexType),

floatingRate (in floatingAmountCalculation),

floatingRateCalculation,

floatingRateCalculation (defined in InterestAccrualsMethod complexType),

floatingRateCalculation (defined in RateCalculation.model group),

rate (defined in AbstractLoanFloatingRateOptionBase complexType)

Annotation

A fallback rate calculated using an averaging or compounding formula to be used in case of the cessation of the original term rate. This structure is provided to 1) allow a message sender to report that a fallback is effect, and/or 2) allow an approximate representation to be created for published fallback rates to allow operations such as valuation, accrual calculation, and risk calculation.

XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="fallbackRate" type="FallbackRate"/>

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.