Definition Type: Element
Name: floorRateSchedule
Namespace: http://www.fpml.org/FpML-5/transparency
Type: nsA:StrikeSchedule
Containing Schema: fpml-shared-5-9.xsd
MinOccurs 0
MaxOccurs unbounded
Abstract
Documentation:
The floor rate or floor rate schedule, if any, which applies to the floating rate. The floor rate (strike) is only required where the floating rate on a swap stream is floored at a certain strike level. A floor rate schedule is expressed as explicit floor rates and dates and the step dates may be subject to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments. The floor rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A floor rate of 5% would be represented as 0.05.
Collapse XSD Schema Diagram:
Drilldown into seller in schema fpml-shared-5-9_xsd Drilldown into buyer in schema fpml-shared-5-9_xsd Drilldown into initialValue in schema fpml-shared-5-9_xsd Drilldown into id in schema fpml-shared-5-9_xsd Drilldown into Schedule in schema fpml-shared-5-9_xsd Drilldown into StrikeSchedule in schema fpml-shared-5-9_xsdXSD Diagram of floorRateSchedule in schema fpml-shared-5-9_xsd (Financial products Markup Language (FpML®) - Transparency)
Collapse XSD Schema Code:
<xsd:element name="floorRateSchedule" type="StrikeSchedule" minOccurs="0" maxOccurs="unbounded">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The floor rate or floor rate schedule, if any, which applies to the floating rate. The floor rate (strike) is only required where the floating rate on a swap stream is floored at a certain strike level. A floor rate schedule is expressed as explicit floor rates and dates and the step dates may be subject to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments. The floor rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A floor rate of 5% would be represented as 0.05.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
initialValue nsA:initialValue (1) (1)
buyer nsA:buyer 0 (1)
seller nsA:seller 0 (1)
Collapse Child Attributes:
Name Type Default Value Use
id nsA:id (Optional)
Collapse Derivation Tree:
Collapse Comments:
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