fpml:underlyerFinancing

Financing terms associated with this underlyer

Element information

Content

• Sequence [1..1]
  from type fpml:DirectionalLeg
  fpml:legIdentifier [0..*]    Version aware identification of this leg.
  fpml:effectiveDate [0..1]    Specifies the effective date of this leg of the swap. When defined in relation to a date specified somewhere else in the document (through the relativeDate component), this element will typically point to the effective date of the other leg of the swap.
  fpml:terminationDate [0..1]    Specifies the termination date of this leg of the swap. When defined in relation to a date specified somewhere else in the document (through the relativeDate component), this element will typically point to the termination date of the other leg of the swap.
  1. Choice [0..1]
     • fpml:fixedRate [0..1]    The calculation period fixed rate. A per annum rate, expressed as a decimal. A fixed rate of 5% would be represented as 0.05.
     • fpml:spreadSchedule [0..*]    The ISDA Spread or a Spread schedule expressed as explicit spreads and dates. In the case of a schedule, the step dates may be subject to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments. The spread is a per annum rate, expressed as a decimal. For purposes of determining a calculation period amount, if positive the spread will be added to the floating rate and if negative the spread will be subtracted from the floating rate. A positive 10 basis point (0.1%) spread would be represented as 0.001.

Attributes

Used in

• Type fpml:BasketConstituent (Element fpml:basketConstituent)

Sample instance

<fpml:underlyerFinancing>
   <fpml:legIdentifier>
      <fpml:legId legIdScheme="http://www.example.com/">token</fpml:legId>
      <fpml:version>1</fpml:version>
      <fpml:effectiveDate>2000-01-01</fpml:effectiveDate>
   </fpml:legIdentifier>
   <fpml:effectiveDate>
      <fpml:adjustableDate>
         <fpml:unadjustedDate>2000-01-01</fpml:unadjustedDate>
      </fpml:adjustableDate>
   </fpml:effectiveDate>
   <fpml:terminationDate>
      <fpml:adjustableDate>
         <fpml:unadjustedDate>2000-01-01</fpml:unadjustedDate>
      </fpml:adjustableDate>
   </fpml:terminationDate>
   <fpml:fixedRate>1.0</fpml:fixedRate>
</fpml:underlyerFinancing>