Fra

A type defining a Forward Rate Agreement (FRA) product.

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Field	Type	Description	Print form title	FFSM title	Properties	Conditions
primaryAssetClass	AssetClass	A classification of the most important risk class of the trade.	Primary asset class.		0-1, ncf	At the first stage this element is not used in the repository messages.
secondaryAssetClass	AssetClass	A classification of additional risk classes of the trade, if any.	Secondary asset class.		0-∞, ncf	At the first stage this element is not used in the repository messages.
productType	ProductType	A classification of the type of product.	Product type.	Derivative instrument type.	0-∞, mre, mfr	This element is mandatory for NSD messages, except for messages, related to master agreement registration.
productId	ProductId	A product reference identifier. The product ID is an identifier that describes the key economic characteristics of the trade type, with the exception of concepts such as size (notional, quantity, number of units) and price (fixed rate, strike, etc.) that are negotiated for each transaction. It can be used to hold identifiers such as the "UPI" (universal product identifier) required by certain regulatory reporting rules. It can also be used to hold identifiers of benchmark products or product temnplates used by certain trading systems or facilities.	Derivatives classification code.	Classification code of the derivative financial instrument.	0-∞, mre, mfr	Mandatory field for NSD messages, except for messages, related to the registration of master agreements, repo transactions and quarterly representation of trades exercised within 4 working days period. This is used to hold classification codes for derivatives transactions required by FFMS.
embeddedOptionType	EmbeddedOptionType	Describes the type of any embedded optionality in the transaction that might not otherwise be apparent. Can be used to represent embedded optionality such as early termination provisions, extendible provisions, or cancelable provisions, etc., where applicable. If omitted, no embedded optionality is applicable.	Embedded option type.		0-2, ncf	Optional field for NSD repository messages. It is not used in messages, related to the registration of master agreements and quarterly representation of trades exercised within 4 working days period. This is used only if trade terms include embedded option of a type specified in the coding scheme. At the first stage this element is not used in the repository messages.
@id	xsd:ID				1-1
buyerPartyReference	PartyReference	A reference to the party that buys this instrument, ie. pays for this instrument and receives the rights defined by it. See 2000 ISDA definitions Article 11.1 (b). In the case of FRAs this the fixed rate payer.	Buyer party.	Party code.	0-1, mre, mfr
buyerAccountReference	AccountReference	A reference to the account that buys this instrument.	Buyer's account.	Party's client.	0-1, ncf	At the first stage this element is not used in the repository messages.
sellerPartyReference	PartyReference	A reference to the party that sells ("writes") this instrument, i.e. that grants the rights defined by this instrument and in return receives a payment for it. See 2000 ISDA definitions Article 11.1 (a). In the case of FRAs this is the floating rate payer.	Seller party.	Party code.	0-1, mre, mfr
sellerAccountReference	AccountReference	A reference to the account that sells this instrument.	Seller's account.	Party's client.	0-1, ncf	At the first stage this element is not used in the repository messages.
adjustedEffectiveDate	RequiredIdentifierDate	The start date of the calculation period. This date should already be adjusted for any applicable business day convention. This is also the date when the observed rate is applied, the reset date.	Effective date.	Effective date / Start date.	1-1, mre, mfr
adjustedTerminationDate	xsd:date	The end date of the calculation period. This date should already be adjusted for any applicable business day convention.	Termination date.	Termination date.	1-1, mre, mfr
paymentDate	AdjustableDate	The payment date. This date is subject to adjustment in accordance with any applicable business day convention.	Payment date.	Payment date.	0-1, mre
fixingDateOffset	RelativeDateOffset	Specifies the fixing date relative to the reset date in terms of a business days offset and an associated set of financial business centers. Normally these offset calculation rules will be those specified in the ISDA definition for the relevant floating rate index (ISDA's Floating Rate Option). However, non-standard offset calculation rules may apply for a trade if mutually agreed by the principal parties to the transaction. The href attribute on the dateRelativeTo element should reference the id attribute on the adjustedEffectiveDate element.	Fixing date.		0-1, ncf
dayCountFraction	DayCountFraction	The day count fraction.	Day count fraction.		1-1, mre, mfr
calculationPeriodNumberOfDays	xsd:positiveInteger	The number of days from the adjusted effective date to the adjusted termination date calculated in accordance with the applicable day count fraction.	Calculation period number of days.		0-1, ncf
notional	Money	The notional amount of the contract denominated in the specified currency.	Notional amount.	Notional amount / Total notional quantity.	1-1, mre
fixedRate	xsd:decimal	The calculation period fixed rate. A per annum rate, expressed as a decimal. A fixed rate of 5% would be represented as 0.05.	Fixed rate.	Forward price.	1-1, mre, mfr
floatingRateIndex	FloatingRateIndex	Underlying floating rate index.	Floating rate index.	Underlying assets code.	1-1, mre, mfr
indexTenor	Period	The ISDA Designated Maturity, i.e. the tenor of the floating rate.	Floating rate index tenor.		1-∞, mre
fraDiscounting	FraDiscountingEnum	Specifies whether discounting applies and, if so, what type.	FRA discounting.		0-1, afr

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Fra

productType(ProductType)

	This element is mandatory for NSD messages, except for messages, related to master agreement registration.
	A classification of the type of product.
	Derivative instrument type.

productId(ProductId)

	Mandatory field for NSD messages, except for messages, related to the registration of master agreements, repo transactions and quarterly representation of trades exercised within 4 working days period. This is used to hold classification codes for derivatives transactions required by FFMS.
	A product reference identifier. The product ID is an identifier that describes the key economic characteristics of the trade type, with the exception of concepts such as size (notional, quantity, number of units) and price (fixed rate, strike, etc.) that are negotiated for each transaction. It can be used to hold identifiers such as the "UPI" (universal product identifier) required by certain regulatory reporting rules. It can also be used to hold identifiers of benchmark products or product temnplates used by certain trading systems or facilities.
	Classification code of the derivative financial instrument.

buyerPartyReference(PartyReference)

	A reference to the party that buys this instrument, ie. pays for this instrument and receives the rights defined by it. See 2000 ISDA definitions Article 11.1 (b). In the case of FRAs this the fixed rate payer.
	Party code.

sellerPartyReference(PartyReference)

	A reference to the party that sells ("writes") this instrument, i.e. that grants the rights defined by this instrument and in return receives a payment for it. See 2000 ISDA definitions Article 11.1 (a). In the case of FRAs this is the floating rate payer.
	Party code.

adjustedEffectiveDate(RequiredIdentifierDate)

	The start date of the calculation period. This date should already be adjusted for any applicable business day convention. This is also the date when the observed rate is applied, the reset date.
	Effective date / Start date.

adjustedTerminationDate(date)

	The end date of the calculation period. This date should already be adjusted for any applicable business day convention.
	Termination date.

paymentDate(AdjustableDate)

	The payment date. This date is subject to adjustment in accordance with any applicable business day convention.
	Payment date.

unadjustedDate(IdentifiedDate)

	A date subject to adjustment.

dayCountFraction(DayCountFraction)

	The day count fraction.

notional(Money)

	The notional amount of the contract denominated in the specified currency.
	Notional amount / Total notional quantity.

currency(Currency)

	The currency in which an amount is denominated.
	Code of currency of denomination.

amount(decimal)

	The monetary quantity in currency units. For the purposes of reporting to the repository, an amount is specified with 7 decimal places. For example, 350.1234567. The value of 350.45 would be represented as 350.4500000.

fixedRate(decimal)

	The calculation period fixed rate. A per annum rate, expressed as a decimal. A fixed rate of 5% would be represented as 0.05.
	Forward price.

floatingRateIndex(FloatingRateIndex)

	Underlying floating rate index.
	Underlying assets code.

indexTenor(Period)

	The ISDA Designated Maturity, i.e. the tenor of the floating rate.

periodMultiplier(integer)

	A time period multiplier, e.g. 1, 2 or 3 etc. A negative value can be used when specifying an offset relative to another date, e.g. -2 days.

period(PeriodEnum)

	A time period, e.g. a day, week, month or year of the stream. If the periodMultiplier value is 0 (zero) then period must contain the value D (day).
	D;W;M;Y;

fraDiscounting(FraDiscountingEnum)

	Specifies whether discounting applies and, if so, what type.
	ISDA;AFMA;NONE;ISDAYield;