Lag on Principal 1


Key Lag on Principal 1 in
IRS refers to an optional boolean that determines whether the entries in Pmt Lag 1 apply only on the coupon payments or on both the coupon and the principal payments.
If omitted, the default is FALSE, which means the lags apply only on the coupon payments.
If set to TRUE, the lags apply on both the coupon and the principal payments.