Pmt Lag 1

Key Pmt Lag 1 in
IRS refers to an optional time interval by which the payment dates on the first leg lag the end of their respective accrual period.
Expects an object of type
Single Period restricted to contain only a number of calendar days
Several values may be also entered here in the form of a
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.
Its date bump and calendar conventions are used in determining the affected payment dates.
If omitted, zero days are assumed with business day adjustment set to F and calendar as in the respective index, if the latter exists.
If no respective index exists, the local calendar is used.