Slot: wacCapInterestProvision

As specified by the ISDA Supplement for use with trades on mortgage-backed securities, ‘WAC Cap’ means a weighted average coupon or weighted average rate cap provision (however defined in the Underlying Instruments) of the Underlying Instruments that limits, increases or decreases the interest rate or interest entitlement, as set out in the Underlying Instruments on the Effective Date without regard to any subsequent amendment The presence of the element with value set to ‘true’ signifies that the provision is applicable. From a usage standpoint, this provision is typically applicable in the case of CMBS and not applicable in case of RMBS trades.

URI: common_domain_model:wacCapInterestProvision

Applicable Classes

Name	Description	Modifies Slot
FloatingAmountProvisions		no

Properties

Type and Range

Property	Value
Range	Boolean
Domain Of	FloatingAmountProvisions

Slot Characteristics

Property	Value
Owner	FloatingAmountProvisions

Identifier and Mapping Information

Schema Source

• from schema: https://w3id.org/lmodel/common-domain-model

Mappings

Mapping Type	Mapped Value
self	common_domain_model:wacCapInterestProvision
native	common_domain_model:wacCapInterestProvision

LinkML Source

name: wacCapInterestProvision
description: As specified by the ISDA Supplement for use with trades on mortgage-backed
  securities, 'WAC Cap' means a weighted average coupon or weighted average rate cap
  provision (however defined in the Underlying Instruments) of the Underlying Instruments
  that limits, increases or decreases the interest rate or interest entitlement, as
  set out in the Underlying Instruments on the Effective Date without regard to any
  subsequent amendment The presence of the element with value set to 'true' signifies
  that the provision is applicable. From a usage standpoint, this provision is typically
  applicable in the case of CMBS and not applicable in case of RMBS trades.
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
owner: FloatingAmountProvisions
domain_of:
- FloatingAmountProvisions
range: boolean