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Array Increase Decrease

Array Increase Decrease​

Acronym: ARINCDEC
Identifier: arrayIncreaseDecrease
Group: Notional Principal
Type: Enum[]
Default: ``

Description​

Indicates whether a certain PRNXT element in ARPRNX increases the principal (NT) or decreases it. Applies only for ANX, NAX, LAX Maturity CTs. For all other Maturity CTs the first principal payment is always in the opposite direction of all other (following) payments.

Allowed Values​

  • Increase (INC) (increase / 0): Notional is increased in this period.
  • Decrease (DEC) (decrease / 1): Notional is decreased in this period.