Enum: NegativeInterestRateTreatmentEnum
The enumerated values to specify the method of calculating payment obligations when a floating rate is negative (either due to a quoted negative floating rate or by operation of a spread that is subtracted from the floating rate).
URI: common_domain_model:NegativeInterestRateTreatmentEnum
Permissible Values
| Value | Meaning | Description |
|---|---|---|
| NegativeInterestRateMethod | None | Negative Interest Rate Method |
| ZeroInterestRateMethod | None | Zero Interest Rate Method |
| ZeroInterestRateExcludingSpreadMethod | None | Per 2021 ISDA Definitions section 6 |
Slots
| Name | Description |
|---|---|
| negativeInterestRateTreatment | The specification of any provisions for calculating payment obligations when ... |
| negativeTreatment | How to handle negative interest rates |
Identifier and Mapping Information
Schema Source
- from schema: https://w3id.org/lmodel/common-domain-model
LinkML Source
name: NegativeInterestRateTreatmentEnum
description: The enumerated values to specify the method of calculating payment obligations
when a floating rate is negative (either due to a quoted negative floating rate
or by operation of a spread that is subtracted from the floating rate).
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
permissible_values:
NegativeInterestRateMethod:
text: NegativeInterestRateMethod
description: Negative Interest Rate Method. Per 2000 ISDA Definitions, Section
6.4 Negative Interest Rates, paragraphs (b) and (c).
ZeroInterestRateMethod:
text: ZeroInterestRateMethod
description: Zero Interest Rate Method. Per 2000 ISDA Definitions, Section 6.4.
Negative Interest Rates, paragraphs (d) and (e).
ZeroInterestRateExcludingSpreadMethod:
text: ZeroInterestRateExcludingSpreadMethod
description: Per 2021 ISDA Definitions section 6.8.6