SettleDays


Key SettleDays in
CapFlr Vol Spec refers to an optional integer that may be used to set the number n of business settlement days for each cap.
Applies only when the referenced rate is
OI Term Rate
This entry affects the effective date - i.e. the start date - of each cap, by setting it n business days later than the
trade date
If omitted, the default is 0.