Array Rate
Array Rate
Acronym: ARRATE
Identifier: arrayRate
Group: Rate Reset
Type: Real[]
Default: ``
Description
For array-type rate reset schedules, this attribute represents either an interest rate (corresponding to IPNR) or a spread (corresponding to RRSP). Which case applies depends on the attribute ARFIXVAR: if ARFIXVAR=FIX then it represents the new IPNR and if ARFIXVAR=VAR then the applicable RRSP.