Docs for schema item initialPayment in Financial products Markup Language (FpML®)

Documentation for Financial products Markup Language (FpML®)

Definition Type:	Element
Name:	initialPayment
Namespace:	http://www.fpml.org/2004/FpML-4-1
Type:	nsA:InitialPayment
Containing Schema:	fpml-cd-4-1.xsd
MinOccurs	0
MaxOccurs	(1)
Abstract
Documentation:	Specifies a single fixed payment that is payable by the payer to the receiver on the initial payment date. The fixed payment to be paid is specified in terms of a known currency amount. This element only should be used for CDS Index trades. Upfront payments on Single Name CDS trades should use the singlePayment element.

XSD Schema Diagram:

XSD Diagram of initialPayment in schema fpml-cd-4-1_xsd (Financial products Markup Language (FpML®))

XSD Schema Code:

<xsd:element name="initialPayment" type="InitialPayment" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">Specifies a single fixed payment that is payable by the payer to the receiver on the initial payment date. The fixed payment to be paid is specified in terms of a known currency amount. This element only should be used for CDS Index trades. Upfront payments on Single Name CDS trades should use the singlePayment element.</xsd:documentation>
    </xsd:annotation>
</xsd:element>

Child Elements:

Name	Type	Min Occurs	Max Occurs
payerPartyReference	nsA:payerPartyReference	(1)	(1)
receiverPartyReference	nsA:receiverPartyReference	(1)	(1)
adjustablePaymentDate	nsA:adjustablePaymentDate	0	(1)
adjustedPaymentDate	nsA:adjustedPaymentDate	0	(1)
paymentAmount	nsA:paymentAmount	(1)	(1)

Derivation Tree:
	nsA:InitialPayment *initialPayment*

Documentation for Financial products Markup Language (FpML®)

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