Slot: floorRate
The floor rate, if any, which applies to the floating rate for the calculation period. The floor rate (strike) is only required where the floating rate on a swap stream is floored at a certain strike level. The floor rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. The floor rate of 5% would be represented as 0.05.
URI: common_domain_model:floorRate
Applicable Classes
Properties
Type and Range
Cardinality and Requirements
| Property |
Value |
| Multivalued |
Yes |
Schema Source
Mappings
| Mapping Type |
Mapped Value |
| self |
common_domain_model:floorRate |
| native |
common_domain_model:floorRate |
LinkML Source
name: floorRate
description: The floor rate, if any, which applies to the floating rate for the calculation
period. The floor rate (strike) is only required where the floating rate on a swap
stream is floored at a certain strike level. The floor rate is assumed to be exclusive
of any spread and is a per annum rate, expressed as a decimal. The floor rate of
5% would be represented as 0.05.
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
domain_of:
- FloatingRateDefinition
- FloatingRateProcessingParameters
range: Strike
multivalued: true
inlined: true
inlined_as_list: true