Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: defaultRate
Namespace: http://www.fpml.org/FpML-5/confirmation
Type: nsA:PeriodRate
Containing Schema: fpml-loan-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
This represents a default rate that may apply in addition to a regular margin rate (on outstanding loan contracts). This rate applied at the discretion of the agent bank, if the borrower is deemed to be in default.
Collapse XSD Schema Diagram:
Drilldown into rate in schema fpml-loan-5-10_xsd Drilldown into endDate in schema fpml-loan-5-10_xsd Drilldown into startDate in schema fpml-loan-5-10_xsd Drilldown into PeriodOptionalEnd.model in schema fpml-loan-5-10_xsd Drilldown into PeriodRate in schema fpml-loan-5-10_xsdXSD Diagram of defaultRate in schema fpml-loan-5-10_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="defaultRate" type="PeriodRate" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">This represents a default rate that may apply in addition to a regular margin rate (on outstanding loan contracts). This rate applied at the discretion of the agent bank, if the borrower is deemed to be in default.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
startDate nsA:startDate (1) (1)
endDate nsA:endDate 0 (1)
rate nsA:rate (1) (1)
<xs:group> nsA:PeriodOptionalEnd.model (1) (1)
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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