The previous articles traced InterestRatePayout through all four F-PAL stages — from economic intent to settled cashflow. At its core, InterestRatePayout represents a scheduled obligation: someone pays interest to someone else, on known dates, according to an agreed rate logic. It is used for the fixed and floating legs of a swap, the coupon stream of a … Continue reading AI-Native Financial Data Foundation (13) – CreditDefaultPayout: Scheduled vs Contingent →