interchange-schema-registry/Registry/FpML/5.0.0/confirmation/validation/invalid-testcases/invalid-ref-33-01.xml

A Global Schema Registry for Data Interchange formats

<?xml version="1.0" encoding="utf-8" ?>
<!--View is confirmation-->
<!--Version is 5-10-->
<!--NS is http://www.fpml.org/FpML-5/confirmation-->
<!--
        == Copyright (c) 2014-2018 All rights reserved.
        == Financial Products Markup Language is subject to the FpML public license.
        == A copy of this license is available at http://www.fpml.org/license/license.html
-->
<!--5.0:Message type is a Root of the message-->
<dataDocument
    xmlns="http://www.fpml.org/FpML-5/confirmation"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    fpmlVersion="5-10"
    xsi:schemaLocation="http://www.fpml.org/FpML-5/confirmation ../../fpml-main-5-10.xsd http://www.w3.org/2000/09/xmldsig# ../../xmldsig-core-schema.xsd"
>
  <trade>
    <tradeHeader>
      <partyTradeIdentifier>
        <partyReference href="party1" />
        <tradeId tradeIdScheme="http://www.jpmorgan.com/swaps/trade-id">56323</tradeId>
      </partyTradeIdentifier>
      <partyTradeIdentifier>
        <partyReference href="party2" />
        <tradeId tradeIdScheme="http://www.msdw/swaps/trade-id">56990</tradeId>
      </partyTradeIdentifier>
      <tradeDate>2000-04-25</tradeDate>
    </tradeHeader>
    <swap>
<!-- Morgan Stanley Dean Witter pays the floating rate every 6 months,
            based on 3M USD-LIBOR-BBA, reset and compounded flat quarterly, on
            an ACT/360 basis.  The compounded rate to be used for calculating each
            floating payment amount will be rounded to nearest 4 decimal places. -->
      <swapStream>
        <payerPartyReference href="party2" />
        <receiverPartyReference href="party1" />
        <calculationPeriodDates id="floatingCalcPeriodDates">
          <effectiveDate>
            <unadjustedDate>2000-04-27</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>NONE</businessDayConvention>
            </dateAdjustments>
          </effectiveDate>
          <terminationDate>
            <unadjustedDate>2002-04-27</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>MODFOLLOWING</businessDayConvention>
              <businessCenters id="primaryBusinessCenters">
                <businessCenter>GBLO</businessCenter>
                <businessCenter>USNY</businessCenter>
              </businessCenters>
            </dateAdjustments>
          </terminationDate>
          <calculationPeriodDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="primaryBusinessCenters" />
          </calculationPeriodDatesAdjustments>
          <calculationPeriodFrequency>
            <periodMultiplier>3</periodMultiplier>
            <period>M</period>
            <rollConvention>27</rollConvention>
          </calculationPeriodFrequency>
        </calculationPeriodDates>
        <paymentDates>
          <calculationPeriodDatesReference href="floatingCalcPeriodDates" />
          <paymentFrequency>
            <periodMultiplier>6</periodMultiplier>
            <period>M</period>
          </paymentFrequency>
          <payRelativeTo>CalculationPeriodEndDate</payRelativeTo>
          <paymentDaysOffset>
            <periodMultiplier>5</periodMultiplier>
            <period>D</period>
            <dayType>Business</dayType>
          </paymentDaysOffset>
          <paymentDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="primaryBusinessCenters" />
          </paymentDatesAdjustments>
        </paymentDates>
        <resetDates id="resetDates">
          <calculationPeriodDatesReference href="floatingCalcPeriodDates" />
          <resetRelativeTo>CalculationPeriodStartDate</resetRelativeTo>
          <fixingDates>
            <periodMultiplier>-2</periodMultiplier>
            <period>D</period>
            <dayType>Business</dayType>
            <businessDayConvention>NONE</businessDayConvention>
            <businessCenters>
              <businessCenter>GBLO</businessCenter>
            </businessCenters>
            <dateRelativeTo href="resetDates" />
          </fixingDates>
          <resetFrequency>
            <periodMultiplier>3</periodMultiplier>
            <period>M</period>
          </resetFrequency>
          <resetDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="primaryBusinessCenters" />
          </resetDatesAdjustments>
        </resetDates>
        <calculationPeriodAmount>
          <calculation>
            <notionalSchedule>
              <notionalStepSchedule>
                <initialValue>100000000.00</initialValue>
                <currency>USD</currency>
              </notionalStepSchedule>
            </notionalSchedule>
            <floatingRateCalculation>
              <floatingRateIndex>USD-LIBOR-BBA</floatingRateIndex>
              <indexTenor>
                <periodMultiplier>3</periodMultiplier>
                <period>M</period>
              </indexTenor>
              <finalRateRounding>
                <roundingDirection>Nearest</roundingDirection>
                <precision>7</precision>
              </finalRateRounding>
            </floatingRateCalculation>
            <dayCountFraction>ACT/360</dayCountFraction>
            <compoundingMethod>Flat</compoundingMethod>
          </calculation>
        </calculationPeriodAmount>
        <cashflows>
          <cashflowsMatchParameters>true</cashflowsMatchParameters>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2000-11-03</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2000-04-27</adjustedStartDate>
              <adjustedEndDate>2000-07-27</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2000-04-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
<!-- Rule ref-33 is invalid because - The @href attribute is NOT equal to the @id attribute of an element of type Rate. It should reference a Rateand not "party1"-->
                  <rateReference href="party1" />
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
            <calculationPeriod>
              <adjustedStartDate>2000-07-27</adjustedStartDate>
              <adjustedEndDate>2000-10-27</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2000-07-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2001-05-04</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2000-10-27</adjustedStartDate>
              <adjustedEndDate>2001-01-29</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2000-10-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
            <calculationPeriod>
              <adjustedStartDate>2001-01-29</adjustedStartDate>
              <adjustedEndDate>2001-04-27</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2001-01-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2001-11-05</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2001-04-27</adjustedStartDate>
              <adjustedEndDate>2001-07-27</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2001-04-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
            <calculationPeriod>
              <adjustedStartDate>2001-07-27</adjustedStartDate>
              <adjustedEndDate>2001-10-29</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2001-07-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2002-05-06</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2001-10-29</adjustedStartDate>
              <adjustedEndDate>2002-01-29</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2001-10-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
            <calculationPeriod>
              <adjustedStartDate>2002-01-29</adjustedStartDate>
              <adjustedEndDate>2002-04-29</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2002-01-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
        </cashflows>
      </swapStream>
<!-- JPMorgan pays the 5.85% fixed rate semi-annually
            on a 30/360 basis -->
      <swapStream>
        <payerPartyReference href="party1" />
        <receiverPartyReference href="party2" />
        <calculationPeriodDates id="fixedCalcPeriodDates">
          <effectiveDate>
            <unadjustedDate>2000-04-27</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>NONE</businessDayConvention>
            </dateAdjustments>
          </effectiveDate>
          <terminationDate>
            <unadjustedDate>2002-04-27</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>MODFOLLOWING</businessDayConvention>
              <businessCentersReference href="primaryBusinessCenters" />
            </dateAdjustments>
          </terminationDate>
          <calculationPeriodDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="primaryBusinessCenters" />
          </calculationPeriodDatesAdjustments>
          <calculationPeriodFrequency>
            <periodMultiplier>6</periodMultiplier>
            <period>M</period>
            <rollConvention>27</rollConvention>
          </calculationPeriodFrequency>
        </calculationPeriodDates>
        <paymentDates>
          <calculationPeriodDatesReference href="fixedCalcPeriodDates" />
          <paymentFrequency>
            <periodMultiplier>6</periodMultiplier>
            <period>M</period>
          </paymentFrequency>
          <payRelativeTo>CalculationPeriodEndDate</payRelativeTo>
          <paymentDaysOffset>
            <periodMultiplier>5</periodMultiplier>
            <period>D</period>
            <dayType>Business</dayType>
          </paymentDaysOffset>
          <paymentDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="primaryBusinessCenters" />
          </paymentDatesAdjustments>
        </paymentDates>
        <calculationPeriodAmount>
          <calculation>
            <notionalSchedule>
              <notionalStepSchedule>
                <initialValue>100000000.00</initialValue>
                <currency>USD</currency>
              </notionalStepSchedule>
            </notionalSchedule>
            <fixedRateSchedule>
              <initialValue>0.0585</initialValue>
            </fixedRateSchedule>
            <dayCountFraction>30/360</dayCountFraction>
          </calculation>
        </calculationPeriodAmount>
        <cashflows>
          <cashflowsMatchParameters>true</cashflowsMatchParameters>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2000-11-03</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2000-04-27</adjustedStartDate>
              <adjustedEndDate>2000-10-27</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <fixedRate>0.0585</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2001-05-04</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2000-10-27</adjustedStartDate>
              <adjustedEndDate>2001-04-27</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <fixedRate>0.0585</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2001-11-05</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2001-04-27</adjustedStartDate>
              <adjustedEndDate>2001-10-29</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <fixedRate>0.0585</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2002-05-06</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2001-10-29</adjustedStartDate>
              <adjustedEndDate>2002-04-29</adjustedEndDate>
              <notionalAmount>100000000.00</notionalAmount>
              <fixedRate>0.0585</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
        </cashflows>
      </swapStream>
    </swap>
  </trade>
  <party id="party1">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">549300HLPEQ31HY26E57</partyId>
  </party>
  <party id="party2">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">549300TJF420N3F01V87</partyId>
  </party>
</dataDocument>