\uD83D\uDDD3 Date
\uD83D\uDC65 Participants
\uD83D\uDDE3 Discussion
Today we continued our discussion of FBC-713, primarily around where certain constructs related to schedules - interest rate calculation schedules, rate reset schedules, related payment schedules, etc. and where they should be vs. where they currently are. We agreed that some schedules that are more broadly applicable are in the IR Swaps ontology and should be moved to Debt Instruments.
No decisions were reached, but we identified several concepts that should be moved. We also need the notion of a contract lifecycle and related events as a composite schedule that would include, in the case of a debt instrument, interest rate calculations and rate resets. Examples of similar concepts are available in the ACTUS data dictionary which we can use as the basis for more formal semantics.