# XML Schema Documentation

### Complex Type: Step

#### [Table of contents]

Super-types: | None
Sub-types: | None

Name | Step
Used by (from the same schema document) | Complex Type Schedule
Abstract | no
Documentation | A type defining a step date and step value pair. This step definitions are used to define varying rate or amount schedules, e.g. a notional amortization or a step-up coupon schedule.

XML Instance Representation
<...
id=" xsd:ID [0..1]">
<stepDate> xsd:date </stepDate> [1]

'The date on which the associated stepValue becomes effective. This day may be subject to adjustment in accordance with a business day convention.'

<stepValue> xsd:decimal </stepValue> [1]

'The rate or amount which becomes effective on the associated stepDate. A rate of 5% would be represented as 0.05.'

</...>
Diagram
Schema Component Representation
<xsd:complexType name="Step">
<xsd:sequence>
<xsd:element name="stepDate" type=" xsd:date "/>
<xsd:element name="stepValue" type=" xsd:decimal "/>
</xsd:sequence>
<xsd:attribute name="id" type=" xsd:ID "/>
</xsd:complexType>