Definition Type: Element
Name: calculationMethod
Namespace: http://www.fpml.org/FpML-5/confirmation
Type: nsA:InterestCalculationMethodEnum
Containing Schema: fpml-loan-5-10.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
Defines the way in which the agent bank is allocating cash/PIK interest - can be (i) pro-rata at the time of the interest payment/PIK or (ii) based on the loan contract share throughout the interest period (which is the preferred method).
Collapse XSD Schema Diagram:
XSD Diagram of calculationMethod in schema fpml-loan-5-10_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code:
<xsd:element name="calculationMethod" type="InterestCalculationMethodEnum">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">Defines the way in which the agent bank is allocating cash/PIK interest - can be (i) pro-rata at the time of the interest payment/PIK or (ii) based on the loan contract share throughout the interest period (which is the preferred method).</xsd:documentation>
    </xsd:annotation>
</xsd:element>
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