fpml:creditDefaultSwap

Element information

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

Schema document: fpml-cd-5-5.xsd

Other elements with the same name: fpml:creditDefaultSwap

Type: fpml:LimitedCreditDefaultSwap

Properties: Local, Qualified

Content

Sequence [1..1]
1. fpml:generalTerms [1..1] This element contains all the data that appears in the section entitled "1. General Terms" in the 2003 ISDA Credit Derivatives Confirmation.
2. fpml:feeLeg [1..1] This element contains all the terms relevant to defining the fixed amounts/payments per the applicable ISDA definitions.
3. fpml:protectionTerms [1..*] This element contains all the terms relevant to defining the applicable floating rate payer calculation amount, credit events and associated conditions to settlement, and reference obligations.

Attributes

None

Used in

Type fpml:CreditDefaultSwapOption (Element fpml:creditDefaultSwapOption)

Sample instance

<creditDefaultSwap>
   <primaryAssetClass>Credit</primaryAssetClass>
   <productType>Credit:SingleName:Corporate:StandardNorthAmericanCorporate</productType>
   <generalTerms>
      <effectiveDate>
         <unadjustedDate>2002-12-05</unadjustedDate>
      </effectiveDate>
      <scheduledTerminationDate>
         <unadjustedDate>2007-12-05</unadjustedDate>
      </scheduledTerminationDate>
      <referenceInformation>
         <referenceEntity id="referenceEntity">
            <entityName>ACOM CO., LTD.</entityName>
            <entityId entityIdScheme="http://www.fpml.org/spec/2003/entity-id-RED-1-0">004CC9</entityId>
         </referenceEntity>
         <referenceObligation>
            <bond>
               <instrumentId instrumentIdScheme="http://www.fpml.org/spec/2002/instrument-id-ISIN-1-0">JP310860A032</instrumentId>
               <couponRate>0.0213</couponRate>
               <maturity>2007-03-08</maturity>
            </bond>
         </referenceObligation>
      </referenceInformation>
   </generalTerms>
   <feeLeg>
      <periodicPayment>
         <fixedAmountCalculation>
            <fixedRate>0.007</fixedRate>
         </fixedAmountCalculation>
      </periodicPayment>
   </feeLeg>
   <protectionTerms>
      <calculationAmount>
         <currency>JPY</currency>
         <amount>500000000.0</amount>
      </calculationAmount>
      <creditEvents>
         <restructuring>
            <applicable>true</applicable>
         </restructuring>
      </creditEvents>
   </protectionTerms>
</creditDefaultSwap>