Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: observedRate
Namespace: http://www.fpml.org/FpML-5/pretrade
Type: decimal:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-shared-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
The actual observed rate before any required rate treatment is applied, e.g. before converting a rate quoted on a discount basis to an equivalent yield. An observed rate of 5% would be represented as 0.05.
Collapse XSD Schema Diagram:
XSD Diagram of observedRate in schema fpml-shared-5-10_xsd2 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="observedRate" type="xsd:decimal" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The actual observed rate before any required rate treatment is applied, e.g. before converting a rate quoted on a discount basis to an equivalent yield. An observed rate of 5% would be represented as 0.05.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Documentation for Financial products Markup Language (FpML®)

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