Definition Type: Element
Name: stubRate
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: decimal:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-shared-4-4.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
An actual rate to apply for the initial or final stub period may have been agreed between the principal parties (in a similar way to how an initial rate may have been agreed for the first regular period). If an actual stub rate has been agreed then it would be included in this component. It will be a per annum rate, expressed as a decimal. A stub rate of 5% would be represented as 0.05.
Collapse XSD Schema Diagram:
XSD Diagram of stubRate in schema fpml-shared-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code:
<xsd:element name="stubRate" type="xsd:decimal">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">An actual rate to apply for the initial or final stub period may have been agreed between the principal parties (in a similar way to how an initial rate may have been agreed for the first regular period). If an actual stub rate has been agreed then it would be included in this component. It will be a per annum rate, expressed as a decimal. A stub rate of 5% would be represented as 0.05.</xsd:documentation>
    </xsd:annotation>
</xsd:element>