# XML Schema Documentation

### Model Group: Premium.model

#### [Table of contents]

Name | Premium.model
Documentation | A model group for representing the option premium when expressed in a way other than an amount.

XML Instance Representation
<premiumType> PremiumTypeEnum </premiumType> [0..1]

'Forward start Premium type'

<pricePerOption> Money </pricePerOption> [0..1]

'The amount of premium to be paid expressed as a function of the number of options.'

<percentageOfNotional> xsd:decimal </percentageOfNotional> [0..1]

'The amount of premium to be paid expressed as a percentage of the notional value of the transaction. A percentage of 5% would be expressed as 0.05.'

Diagram
Schema Component Representation
<xsd:group name="Premium.model">
<xsd:sequence>
<xsd:element name="premiumType" type=" PremiumTypeEnum " minOccurs="0"/>
<xsd:element name="pricePerOption" type=" Money " minOccurs="0"/>
<xsd:element name="percentageOfNotional" type=" xsd:decimal " minOccurs="0"/>
</xsd:sequence>
</xsd:group>