Schema Central > FpML 5.5 Confirmation > fpml-ird-5-5.xsd > fpml:fraDiscounting
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Specifies whether discounting applies and, if so, what type.

Element information

Type: fpml:FraDiscountingEnum

Properties: Local, Qualified


  • Type based on xsd:token
    • Valid valueDescription
      ISDA"FRA Discounting" per the ISDA Definitions will apply.
      AFMAFRA discounting per the Australian Financial Markets Association (AFMA) OTC Financial Product Conventions will apply. Note: Should not be used for a FRA trade documented under a legal framework where the 2006 ISDA Definitions have been incorporated.
      NONENo discounting will apply.
      ISDAYieldPer ISDA 2006 Definitions, Section 8.4. Discounting, paragraph (e)
  • Used in

    Sample instance


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