Schema Central > FpML 5.5 Confirmation > fpml-option-shared-5-5.xsd > fpml:premium
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fpml:premium

The option premium payable by the buyer to the seller.

Element information

Type: fpml:Premium

Properties: Local, Qualified

Content

Attributes

NameOccTypeDescriptionNotes
id [0..1]xsd:IDfrom type fpml:PaymentBase

Used in

Sample instance

<premium>
   <payerPartyReference href="Party1"/>
   <receiverPartyReference href="Party2"/>
   <paymentAmount>
      <currency>JPY</currency>
      <amount>25000000</amount>
   </paymentAmount>
   <paymentDate>
      <adjustableDate>
         <unadjustedDate>2006-05-15</unadjustedDate>
         <dateAdjustments>
            <businessDayConvention>FOLLOWING</businessDayConvention>
            <businessCenters>
               <businessCenter>JPTO</businessCenter>
            </businessCenters>
         </dateAdjustments>
      </adjustableDate>
   </paymentDate>
   <premiumType>Fixed</premiumType>
</premium>

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