Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: bankruptcy
Namespace: http://www.fpml.org/FpML-5/pretrade
Type: boolean:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-option-shared-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
A credit event. The reference entity has been dissolved or has become insolvent. It also covers events that may be a precursor to insolvency such as instigation of bankruptcy or insolvency proceedings. Sovereign trades are not subject to Bankruptcy as "technically" a Sovereign cannot become bankrupt. ISDA 2003 Term: Bankruptcy.
Collapse XSD Schema Diagram:
XSD Diagram of bankruptcy in schema fpml-option-shared-5-10_xsd1 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="bankruptcy" type="xsd:boolean" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">A credit event. The reference entity has been dissolved or has become insolvent. It also covers events that may be a precursor to insolvency such as instigation of bankruptcy or insolvency proceedings. Sovereign trades are not subject to Bankruptcy as "technically" a Sovereign cannot become bankrupt. ISDA 2003 Term: Bankruptcy.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Documentation for Financial products Markup Language (FpML®)

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