Slot: initialRate
The initial floating rate reset agreed between the principal parties involved in the trade. This is assumed to be the first required reset rate for the first regular calculation period. It should only be included when the rate is not equal to the rate published on the source implied by the floating rate index. An initial rate of 5% would be represented as 0.05.
URI: common_domain_model:initialRate
Applicable Classes
Properties
Type and Range
Cardinality and Requirements
Schema Source
Mappings
| Mapping Type |
Mapped Value |
| self |
common_domain_model:initialRate |
| native |
common_domain_model:initialRate |
LinkML Source
name: initialRate
description: The initial floating rate reset agreed between the principal parties
involved in the trade. This is assumed to be the first required reset rate for the
first regular calculation period. It should only be included when the rate is not
equal to the rate published on the source implied by the floating rate index. An
initial rate of 5% would be represented as 0.05.
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
domain_of:
- FloatingRateSpecification
- FloatingRateProcessingParameters
range: Price