Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: paymentFrequency
Namespace: http://www.fpml.org/FpML-5/transparency
Type: nsF:Frequency
Containing Schema: fpml-ird-5-10.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
The frequency at which regular payment dates occur. If the payment frequency is equal to the frequency defined in the calculation period dates component then one calculation period contributes to each payment amount. If the payment frequency is less frequent than the frequency defined in the calculation period dates component then more than one calculation period will contribute to the payment amount. A payment frequency more frequent than the calculation period frequency or one that is not a multiple of the calculation period frequency is invalid. If the payment frequency is of value T (term), the period is defined by the swap\swapStream\calculationPerioDates\effectiveDate and the swap\swapStream\calculationPerioDates\terminationDate.
Collapse XSD Schema Diagram:
Drilldown into period in schema fpml-shared-5-10_xsd5 Drilldown into periodMultiplier in schema fpml-shared-5-10_xsd5 Drilldown into id in schema fpml-shared-5-10_xsd5 Drilldown into Frequency in schema fpml-shared-5-10_xsd5XSD Diagram of paymentFrequency in schema fpml-ird-5-10_xsd4 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="paymentFrequency" type="Frequency">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The frequency at which regular payment dates occur. If the payment frequency is equal to the frequency defined in the calculation period dates component then one calculation period contributes to each payment amount. If the payment frequency is less frequent than the frequency defined in the calculation period dates component then more than one calculation period will contribute to the payment amount. A payment frequency more frequent than the calculation period frequency or one that is not a multiple of the calculation period frequency is invalid. If the payment frequency is of value T (term), the period is defined by the swap\swapStream\calculationPerioDates\effectiveDate and the swap\swapStream\calculationPerioDates\terminationDate.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
periodMultiplier nsF:periodMultiplier 0 (1)
period nsF:period 0 (1)
Collapse Child Attributes:
Name Type Default Value Use
id nsF:id (Optional)
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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