Fxd Rate


Key Fxd Rate in
FxdFlt IRS refers to the constant rate that determines the applicable rate used in calculating each fixed leg cash flow amount as described in FxdFlt IRS
Several values may be also entered here in the form of a
1D-array
If n values are provided, then the first n cash flows are paired with the provided n values in successive order.
If any cash flows are left over, they will use the last value.

Note 1:
If the swap's type is
Vanilla IRS, only one rate can be specified.

Note 2:
If the swap's type is
Vanilla IRS or OIS and the entry here is left unspecified or set to N/A, the referenced swap is considered to be at-the-money with a likely rate shift optionally specified by the entry ATM Shift or ATM Shift respectively.