Pmt Lag 1

Key Pmt Lag 1 in
IRS refers to an optional time interval by which the payments on the first leg lag the end of their respective accrual period.
Expects an object of type
Single Period restricted to contain only a number of calendar days
Its date bump and calendar conventions are used in determining the affected payment dates.
If omitted, zero days are assumed with business day adjustment set to F and calendar as in the respective index, if the latter exists.
If no respective index exists, the local calendar is used.