forward_rate

The forward_rate attribute is the contractual or observed rate used on the reset date to determine a floating derivative cash flow and is a numeric field.

FIRE stores the rate used for the specific cash flow, as defined in the derivative cash-flow schema, forward_rate property. For related reporting context, ESMA Guidelines for reporting under EMIR, Section 5.2.1, paragraph 414 and Table 28, pages 191–193 distinguishes the floating-rate reference, payment frequency and reset frequency.