Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: fixedRate
Namespace: http://www.fpml.org/FpML-5/recordkeeping
Type: nsD:IdentifiedRate
Containing Schema: fpml-com-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
The calculation period fixed rate or "fee" rate. A per annum rate, expressed as a decimal. A fixed rate of 5% would be represented as 0.05. When multiplied by the Notional Amount and the number of calendar days in the Calculation Period divided by the calendar days basis, is the fixed amount payed per Calculation Period.
Collapse XSD Schema Diagram:
Drilldown into id in schema fpml-shared-5-10_xsd3 Drilldown into IdentifiedRate in schema fpml-shared-5-10_xsd3XSD Diagram of fixedRate in schema fpml-com-5-10_xsd1 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="fixedRate" type="IdentifiedRate" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The calculation period fixed rate or "fee" rate. A per annum rate, expressed as a decimal. A fixed rate of 5% would be represented as 0.05. When multiplied by the Notional Amount and the number of calendar days in the Calculation Period divided by the calendar days basis, is the fixed amount payed per Calculation Period.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Attributes:
Name Type Default Value Use
id nsD:id (Optional)
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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