Code Set PaymentStreamNegativeRateTreatmentCodeSet Scenario base

SYNOPSIS: The specification of any provisions for calculating payment obligations when a floating rate is negative (either due to a quoted negative floating rate or by operation of a spread that is subtracted from the floating rate).

ID Datatype
40807int

Codes

ID Name Value Description Supported Added EP Updated EP Deprecated EP
40807001ZeroInterestRateMethod0SYNOPSIS: Zero interest rate method
✓FIX.5.0SP2161
40807002NegativeInterestRateMethod1SYNOPSIS: Negative interest rate method
✓FIX.5.0SP2161