Field
PaymentStreamCompoundingCapRate
| ID (tag) | 42635 |
| Type | Percentage |
| Pedigree | Added EP208 |
The cap rate, if any, which applies to the compounding floating rate. It is only required where the compounding floating rate on a swap stream is capped at a certain level. The cap rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A cap rate of 5% would be represented as "0.05".
Used in components:
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