Description

Type: int

The business day convention used to adjust the instrument leg's provision's option relevant underlying date. Used only to override the business day convention specified in the LegDateAdjustment component within the InstrumentLeg component.

Valid values:

  • 0 = Not applicable

    Business day convention is not applicable.

  • 1 = None (current day)
  • 2 = Following day

    The following business day.

  • 3 = Floating rate note

    The FRN business day convention.

  • 4 = Modified following day

    The modified following business day.

  • 5 = Preceding day

    The preceding business day.

  • 6 = Modified preceding day

    The modified preceding business day.

  • 7 = Nearest day

    The nearest applicable business day.

Used In