com.r3corda.contracts / RatePaymentEvent / <init>

# <init>

`RatePaymentEvent(date: LocalDate, accrualStartDate: LocalDate, accrualEndDate: LocalDate, dayCountBasisDay: DayCountBasisDay, dayCountBasisYear: DayCountBasisYear, notional: Amount<Currency>, rate: Rate)`

A RatePaymentEvent represents a dated obligation of payment. It is a specialisation / modification of a basic cash flow event (to be written) that has some additional assistance functions for interest rate swap legs of the fixed and floating nature. For the fixed leg, the rate is already known at creation and therefore the flows can be pre-determined. For the floating leg, the rate refers to a reference rate which is to be "fixed" at a point in the future.