fpml:fixedRate
The calculation period fixed rate. A per annum rate, expressed as a decimal. A fixed rate of 5% would be represented as 0.05.
Element information
Namespace: http://www.fpml.org/FpML-5/confirmation
Schema document: fpml-ird-5-5.xsd
Other elements with the same name: fpml:fixedRate, fpml:fixedRate, fpml:fixedRate, fpml:fixedRate
Type: xsd:decimal
Properties: Local, Qualified
Content
Used in
- Type fpml:CalculationPeriod (Element fpml:calculationPeriod)
- Type fpml:InterestAccrualsMethod (Element fpml:specificRate)
- Type fpml:UnderlyerInterestLeg (Element fpml:underlyerFinancing)
- Type fpml:InterestAccrualsCompoundingMethod via extension of fpml:InterestAccrualsMethod (Element fpml:interestAccrualsMethod)
- Type fpml:InterestCalculation via extension of fpml:InterestAccrualsMethod (Element fpml:interestCalculation)
Sample instance
<fixedRate>0.01</fixedRate>