fpml:relevantUnderlyingDate

The date on the underlying set by the exercise of an option. What this date is depends on the option (e.g. in a swaption it is the swap effective date, in an extendible/cancelable provision it is the swap termination date).

Element information

Content

• Choice [1..1]
  • fpml:adjustableDates    A series of dates that shall be subject to adjustment if they would otherwise fall on a day that is not a business day in the specified business centers, together with the convention for adjusting the date.
  • fpml:relativeDates    A series of dates specified as some offset to another series of dates (the anchor dates).

Attributes

Used in

• Type fpml:AmericanExercise (Element fpml:americanExercise)
• Type fpml:BermudaExercise (Element fpml:bermudaExercise)
• Type fpml:EuropeanExercise (Element fpml:europeanExercise)

Sample instance

<relevantUnderlyingDate>
   <relativeDates>
      <periodMultiplier>2</periodMultiplier>
      <period>D</period>
      <dayType>Business</dayType>
      <businessDayConvention>NONE</businessDayConvention>
      <businessCenters>
         <businessCenter>EUTA</businessCenter>
      </businessCenters>
      <dateRelativeTo href="europeanExercise0"/>
   </relativeDates>
</relevantUnderlyingDate>