FloatingAmountProvisions
Type CDM 7.2.0The model carries no description for this type.
Extends —
Extended by —
Attributes 2
Namespace cdm.product.asset
Attributes
All 2 declared on FloatingAmountProvisions. Cardinality in amber is required.
| Name | Type | Card. | Description |
|---|---|---|---|
| wacCapInterestProvision | boolean | 0..1 | As specified by the ISDA Supplement for use with trades on mortgage-backed securities, 'WAC Cap' means a weighted average coupon or weighted average rate cap provision (however defined in the Underlying Instruments) of the Underlying Instruments that limits, increases or decreases the interest rate or interest entitlement, as set out in the Underlying Instruments on the Effective Date without regard to any subsequent amendment The presence of the element with value set to 'true' signifies that the provision is applicable. From a usage standpoint, this provision is typically applicable in the case of CMBS and not applicable in case of RMBS trades. |
| stepUpProvision | boolean | 0..1 | As specified by the ISDA Standard Terms Supplement for use with trades on mortgage-backed securities. The presence of the element with value set to 'true' signifies that the provision is applicable. If applicable, the applicable step-up terms are specified as part of that ISDA Standard Terms Supplement. From a usage standpoint, this provision is typically applicable in the case of RMBS and not applicable in case of CMBS trades. |
Referenced by
1 type holds a FloatingAmountProvisions as an attribute.
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