fpml:principalExchanges

The true/false flags indicating whether initial, intermediate or final exchanges of principal should occur.

Element information

Namespace: http://www.fpml.org/FpML-5/confirmation

Schema document: fpml-eq-shared-5-5.xsd

Type: fpml:PrincipalExchanges

Properties: Local, Qualified

Content

Sequence [1..1]
1. fpml:initialExchange [1..1] A true/false flag to indicate whether there is an initial exchange of principal on the effective date.
2. fpml:finalExchange [1..1] A true/false flag to indicate whether there is a final exchange of principal on the termination date.
3. fpml:intermediateExchange [1..1] A true/false flag to indicate whether there are intermediate or interim exchanges of principal during the term of the swap.

Attributes

Name	Occ	Type	Description	Notes
id	[0..1]	xsd:ID

Used in

Type fpml:PrincipalExchangeFeatures (Element fpml:principalExchangeFeatures)
Type fpml:InterestRateStream (Elements fpml:capFloorStream, fpml:swapStream)

Sample instance

<principalExchanges>
   <initialExchange>true</initialExchange>
   <finalExchange>false</finalExchange>
   <intermediateExchange>false</intermediateExchange>
</principalExchanges>