The business day convention used to adjust the underlying instrument's stream's effective, or relative effective, date. Used only to override the business day convention specified in the UnderlyingDateAdjustment component within the UnderlyingInstrument component.
| Code | Meaning |
|---|---|
| 0 | Not applicable |
| 1 | None (current day) |
| 2 | Following day |
| 3 | Floating rate note |
| 4 | Modified following day |
| 5 | Preceding day |
| 6 | Modified preceding day |
| 7 | Nearest day |