.cdm-java.6.0.0-dev.72.source-code.cdm-product-asset-ProtectionTerms.schema.json Maven / Gradle / Ivy

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{
  "$schema": "http://json-schema.org/draft-04/schema#",
  "$anchor": "cdm.product.asset",
  "type": "object",
  "title": "ProtectionTerms",
  "description": "A class to specify the terms for calculating a payout to protect the buyer of the swap in the case of a qualified credit event. These terms include the applicable credit events, the reference obligation, and in the case of a CDS on mortgage-backed securities, the floatingAmountEvents.",
  "properties": {
    "creditEvents": {
      "description": "Specifies the applicable Credit Events that would trigger a settlement, as specified in the related Confirmation and defined in the ISDA 2014 Credit Definition article IV section 4.1.",
      "$ref": "cdm-observable-event-CreditEvents.schema.json"
    },
    "obligations": {
      "description": "The underlying obligations of the reference entity on which you are buying or selling protection. The credit events Failure to Pay, Obligation Acceleration, Obligation Default, Restructuring, Repudiation/Moratorium are defined with respect to these obligations.",
      "$ref": "cdm-base-staticdata-asset-credit-Obligations.schema.json"
    },
    "floatingAmountEvents": {
      "description": "This element contains the ISDA terms relating to the floating rate payment events and the implied additional fixed payments, applicable to the credit derivatives transactions on mortgage-backed securities with pay-as-you-go or physical settlement.",
      "$ref": "cdm-product-asset-FloatingAmountEvents.schema.json"
    }
  }
}