Field LegPaymentStreamCapRate (40339) - FIX Protocol FIX.5.0SP2 EP240

Type: Percentage

The cap rate, if any, which applies to the floating rate. It is only required where the floating rate on a swap stream is capped at a certain level The cap rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A cap rate of 5% would be represented as 0.05.

Added in protocol FIX.5.0SP2 (161)

Used in components