Contract Type

Debt instruments such as bullet bonds, amortizing loans, mortgages, etc. differ based on their cash flow exchange patterns (e.g., principal and interest payment time schedules, fixed or variable interest rates, etc.).

The ACTUS taxonomy reduces the majority of all financial contracts to a defined set of 32 generalized cash flow exchange patterns, called contract types.

It is RECOMMENDED to classify the D-ASA with an ACTUS contract type \([CT]\) (uint8) (see the ACTUS taxonomy).

The contract type MUST have the following properties:

  • family: Basic
  • class: Fixed Income

The contract type MAY be set using the OPTIONAL set_asset_metadata method (see Metadata section).

It is RECOMMENDED to use the unique D-ASA ID as contract identifier \([CID]\).