Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: initialFactor
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: decimal:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-asset-4-4.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
The part of the mortgage that is outstanding on trade inception, i.e. has not been repaid yet as principal. It is expressed as a multiplier factor to the morgage: 1 means that the whole mortage amount is outstanding, 0.8 means that 20% has been repaid.
Collapse XSD Schema Diagram:
XSD Diagram of initialFactor in schema fpml-asset-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="initialFactor" type="xsd:decimal">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The part of the mortgage that is outstanding on trade inception, i.e. has not been repaid yet as principal. It is expressed as a multiplier factor to the morgage: 1 means that the whole mortage amount is outstanding, 0.8 means that 20% has been repaid.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Documentation for Financial products Markup Language (FpML®)

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