Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: stepUpProvision
Namespace: http://www.fpml.org/FpML-5/pretrade
Type: boolean:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-cd-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
As specified by the ISDA Standard Terms Supplement for use with trades on mortgage-backed securities. The presence of the element with value set to 'true' signifies that the provision is applicable. If applicable, the applicable step-up terms are specified as part of that ISDA Standard Terms Supplement. From a usage standpoint, this provision is typically applicable in the case of RMBS and not applicable in case of CMBS trades.
Collapse XSD Schema Diagram:
XSD Diagram of stepUpProvision in schema fpml-cd-5-10_xsd1 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="stepUpProvision" type="xsd:boolean" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">As specified by the ISDA Standard Terms Supplement for use with trades on mortgage-backed securities. The presence of the element with value set to 'true' signifies that the provision is applicable. If applicable, the applicable step-up terms are specified as part of that ISDA Standard Terms Supplement. From a usage standpoint, this provision is typically applicable in the case of RMBS and not applicable in case of CMBS trades.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Documentation for Financial products Markup Language (FpML®)

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