Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: marketFixedRate
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: decimal:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-cd-4-4.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
An optional element that only has meaning in a credit index trade. This element contains the credit spread ("fair value") at which the trade was executed. Unlike the fixedRate of an index, the marketFixedRate varies over the life of the index depending on market conditions. The marketFixedRate is the price of the index as quoted by trading desks.
Collapse XSD Schema Diagram:
XSD Diagram of marketFixedRate in schema fpml-cd-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="marketFixedRate" type="xsd:decimal" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">An optional element that only has meaning in a credit index trade. This element contains the credit spread ("fair value") at which the trade was executed. Unlike the fixedRate of an index, the marketFixedRate varies over the life of the index depending on market conditions. The marketFixedRate is the price of the index as quoted by trading desks.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Documentation for Financial products Markup Language (FpML®)

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