ONTOLOGY EXPLORER
is linked to fallback
<https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/isLinkedToFallback>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | ObjectProperty |
| domain | FinancialInstrument |
| label | "is linked to fallback" |
| range | GovernmentBond |
| subPropertyOf | refersTo |
| definition | "relates an index-linked instrument to a government bond that may be selected by a calculation agent" |
| explanatoryNote | "Fallback Bond means, in relation to an Inflation Index applicable to an Inflation Linked Note, a bond selected by the Calculation Agent and issued by the government or one of the governments (but not any government agency) of the country (or countries) to whose level of inflation the Inflation Index relates and which pays a coupon and/or redemption amount which is calculated by reference to the Inflation Index, with a maturity date which falls on the same day as the Maturity Date of the Inflation Linked Notes, or such other date as the Calculation Agent shall select if there is no such bond maturing on the Maturity Date of the Inflation Linked Notes. If any bond so selected is redeemed, the Calculation Agent will select a new Fallback Bond on the same basis, but selected from all eligible bonds in issue at the time the original Fallback Bond is redeemed (including any bond for which the redeemed bond is exchanged). Note the rate of the fallback bond is used as a substitute for the inflation index if, for example, it is no longer published." |