Field
LegPaymentStreamCompoundingFloorRate
| ID (tag) | 42437 |
| Type | Percentage |
| Pedigree | Added EP208 |
The floor rate, if any, which applies to the compounding floating rate. The floor rate (strike) is only required where the compounding 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. The rate is expressed as a decimal, e.g. 5% is represented as "0.05".
Used in components:
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