Class: FloatingRate

name: FloatingRate
in_subset:
- cdm_product_asset
from_schema: https://w3id.org/lmodel/common-domain-model
is_a: FloatingRateBase
slots:
- floatingRateMultiplierSchedule
- rateTreatment
- calculationParameters
- fallbackRate

name: FloatingRate
in_subset:
- cdm_product_asset
from_schema: https://w3id.org/lmodel/common-domain-model
is_a: FloatingRateBase
attributes:
  floatingRateMultiplierSchedule:
    name: floatingRateMultiplierSchedule
    description: A rate multiplier or multiplier schedule to apply to the floating
      rate. A multiplier schedule is expressed as explicit multipliers and dates.
      In the case of a schedule, the step dates may be subject to adjustment in accordance
      with any adjustments specified in the calculationPeriodDatesAdjustments. The
      multiplier can be a positive or negative decimal. This element should only be
      included if the multiplier is not equal to 1 (one) for the term of the stream.
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FloatingRate
    - StubFloatingRate
    range: RateSchedule
  rateTreatment:
    name: rateTreatment
    description: The specification of any rate conversion which needs to be applied
      to the observed rate before being used in any calculations. The two common conversions
      are for securities quoted on a bank discount basis which will need to be converted
      to either a Money Market Yield or Bond Equivalent Yield. See the Annex to the
      2000 ISDA Definitions, Section 7.3. Certain General Definitions Relating to
      Floating Rate Options, paragraphs (g) and (h) for definitions of these terms.
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FloatingRate
    - StubFloatingRate
    range: RateTreatmentEnum
  calculationParameters:
    name: calculationParameters
    description: Support for modular calculated rates, such such as lockout compound
      calculations.
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FallbackRateParameters
    - FloatingRate
    range: FloatingRateCalculationParameters
  fallbackRate:
    name: fallbackRate
    description: Definition of any fallback rate that may be applicable.
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FloatingRate
    range: FallbackRateParameters
  rateOption:
    name: rateOption
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FloatingRateBase
    range: InterestRateIndex
    any_of:
    - range: FloatingRateIndex
    - range: InflationIndex
  spreadSchedule:
    name: spreadSchedule
    description: The ISDA Spread or a Spread schedule expressed as explicit spreads
      and dates. In the case of a schedule, the step dates may be subject to adjustment
      in accordance with any adjustments specified in calculationPeriodDatesAdjustments.
      The spread is a per annum rate, expressed as a decimal. For purposes of determining
      a calculation period amount, if positive the spread will be added to the floating
      rate and if negative the spread will be subtracted from the floating rate. A
      positive 10 basis point (0.1%) spread would be represented as 0.001.
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FloatingRateBase
    - StubFloatingRate
    range: SpreadSchedule
  capRateSchedule:
    name: capRateSchedule
    description: The cap rate or cap rate schedule, if any, which applies to the floating
      rate. The cap rate (strike) is only required where the floating rate on a swap
      stream is capped at a certain level. A cap rate schedule is expressed as explicit
      cap rates and dates and the step dates may be subject to adjustment in accordance
      with any adjustments specified in calculationPeriodDatesAdjustments. The cap
      rate is assumed to be exclusive of any spread and is a per annum rate, expressed
      as a decimal. A cap rate of 5% would be represented as 0.05.
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FloatingRateBase
    - StubFloatingRate
    range: StrikeSchedule
  floorRateSchedule:
    name: floorRateSchedule
    description: The floor rate or floor rate schedule, if any, which applies to the
      floating rate. The floor rate (strike) is only required where the floating rate
      on a swap stream is floored at a certain strike level. A floor rate schedule
      is expressed as explicit floor rates and dates and the step dates may be subject
      to adjustment in accordance with any adjustments specified in calculationPeriodDatesAdjustments.
      The floor rate is assumed to be exclusive of any spread and is a per annum rate,
      expressed as a decimal. A floor rate of 5% would be represented as 0.05.
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: FloatingRate
    domain_of:
    - FloatingRateBase
    - StubFloatingRate
    range: StrikeSchedule