Documentation for Financial products Markup Language (FpML®)
Definition Type: ComplexType
Name: Step
Namespace: http://www.fpml.org/2007/FpML-4-4
Containing Schema: fpml-shared-4-4.xsd
Abstract
Documentation:
A type defining a step date and step value pair. This step definitions are used to define varying rate or amount schedules, e.g. a notional amortization or a step-up coupon schedule.
Collapse XSD Schema Diagram:
Drilldown into stepValue in schema fpml-shared-4-4_xsd Drilldown into stepDate in schema fpml-shared-4-4_xsd Drilldown into id in schema fpml-shared-4-4_xsdXSD Diagram of Step in schema fpml-shared-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:complexType name="Step">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">A type defining a step date and step value pair. This step definitions are used to define varying rate or amount schedules, e.g. a notional amortization or a step-up coupon schedule.</xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
        <xsd:element name="stepDate" type="xsd:date">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The date on which the associated stepValue becomes effective. This day may be subject to adjustment in accordance with a business day convention.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="stepValue" type="xsd:decimal">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The rate or amount which becomes effective on the associated stepDate. A rate of 5% would be represented as 0.05.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
    </xsd:sequence>
    <xsd:attribute name="id" type="xsd:ID" />
</xsd:complexType>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
stepDate fpml:stepDate (1) (1)
stepValue fpml:stepValue (1) (1)
Collapse Child Attributes:
Name Type Default Value Use
id fpml:id (Optional)
Collapse Derivation Tree:
Collapse References:
fpml:step, fpml:step
Documentation for Financial products Markup Language (FpML®)

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