Schema Central > FpML 5.5 Confirmation > fpml-shared-5-5.xsd > fpml:averagingMethod
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If averaging is applicable, this component specifies whether a weighted or unweighted average method of calculation is to be used. The component must only be included when averaging applies.

Element information


  • Type based on xsd:token
    • Valid valueDescription
      UnweightedThe arithmetic mean of the relevant rates for each reset date.
      WeightedThe arithmetic mean of the relevant rates in effect for each day in a calculation period calculated by multiplying each relevant rate by the number of days such relevant rate is in effect, determining the sum of such products and dividing such sum by the number of days in the calculation period.
  • Used in

    Sample instance


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