The business day convention used for adjusting dates. The value defined here applies to all adjustable dates in the instrument leg unless specifically overridden.
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 |