ReferenceObligation
Type CDM 7.2.0A class to specify the reference obligation that is associated with a credit derivative instrument.
Extends —
Extended by —
Attributes 7
Namespace cdm.product.asset
Attributes
All 7 declared on ReferenceObligation. Cardinality in amber is required.
| Name | Type | Card. | Description |
|---|---|---|---|
| security | Security | 0..1 | Identifies the underlying asset when it is a security, such as a bond or convertible bond. The security data type requires one or more productIdentifiers, specificaiton of the security type (e.g. debt), and includes optional attributes to specify a debt class, such as asset-backed, as well as seniority. |
| loan | Loan | 0..1 | Identifies the underlying asset when it is a loan. |
| primaryObligor | LegalEntity | 0..1 | The entity primarily responsible for repaying debt to a creditor as a result of borrowing or issuing bonds. ISDA 2003 Term: Primary Obligor. |
| primaryObligorReference | LegalEntity | 0..1 | A pointer style reference to a reference entity defined elsewhere in the document. Used when the reference entity is the primary obligor. |
| guarantor | LegalEntity | 0..1 | The party that guarantees by way of a contractual arrangement to pay the debts of an obligor if the obligor is unable to make the required payments itself. ISDA 2003 Term: Guarantor. |
| guarantorReference | string | 0..1 | A pointer style reference to a reference entity defined elsewhere in the document. Used when the reference entity is the guarantor. |
| standardReferenceObligation | boolean | 0..1 | Indicates if the reference obligation is a Standard Reference Obligation. ISDA 2014 Term: Standard Reference Obligation. |
Conditions
Validation rules the model enforces on this type, in Rune. An instance that breaks one of these is invalid CDM, whatever produced it.
AssetChoice Condition
Represents the choice in a CDS contract.
required choice security, loan MustBeDebtSecurity Condition
Only debt securities can be used as the reference obligation for a credit derivative.
if security exists then security -> securityType = Debt LegalEntityChoice Condition
Represents the choice in a CDS contract..
optional choice primaryObligor, primaryObligorReferenceReferenced by
2 types hold a ReferenceObligation as an attribute.
Functions
Model functions that produce or consume this type. These are the CDM's own behaviour — the logic a correct implementation has to match.
| Function | Role | Description |
|---|---|---|
| MapReferenceObligation | returns | — |
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