Financial products Markup Language (FpML®) Generated using Liquid XML Studio Developer Edition Liquid XML Studio Designer Edition 9.0.0.2715
Definition Type: Element
Name: floorRateSchedule
Namespace: http://www.fpml.org/2008/FpML-4-5
Type: fpml:StrikeSchedule
Containing Schema: fpml-shared-4-5.xsd
MinOccurs 0
MaxOccurs unbounded
Abstract False
Documentation:
The floor rate or floor rate schedule, if any, which applies to the floating rate. The floor rate (strike) is only required where the floating rate on a swap stream is floored at a certain strike level. A floor rate schedule is expressed as explicit floor rates and dates and the step dates may be subject to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments. The floor rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A floor rate of 5% would be represented as 0.05.
Collapse XSD Schema Diagram:
Drilldown into seller Drilldown into buyer Drilldown into id Drilldown into step Drilldown into initialValue Drilldown into Schedule Drilldown into StrikeScheduleXSD Diagram of floorRateSchedule
Collapse XSD Schema Code: 
<xsd:element name="floorRateSchedule" type="StrikeSchedule" minOccurs="0" maxOccurs="unbounded">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The floor rate or floor rate schedule, if any, which applies to the floating rate. The floor rate (strike) is only required where the floating rate on a swap stream is floored at a certain strike level. A floor rate schedule is expressed as explicit floor rates and dates and the step dates may be subject to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments. The floor rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A floor rate of 5% would be represented as 0.05.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
initialValue fpml:initialValue (1) (1)
step fpml:step 0 unbounded
buyer fpml:buyer 0 (1)
seller fpml:seller 0 (1)
Collapse Child Attributes:
Name Type Default Value Use
id fpml:id (Optional)
Collapse Derivation Tree:
Collapse Comments:
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Generated using Liquid XML Studio Developer Edition Liquid XML Studio Designer Edition 9.0.0.2715 - Featuring anXPath Viewer