<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R7ncIl72DDP9vuJh1lYbAMZ">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RCezn96rpy4oRcZgzT9ULlh"/>
  <rdfs:label>Fixed Rate Interest Payment</rdfs:label>
  <skos:prefLabel>Constant Rate Interest Payment</skos:prefLabel>
  <skos:definition>A Fixed Rate Interest Payment is a type of interest payment structure where the interest rate remains constant throughout the life of the debt instrument. Under this arrangement, the borrower pays a predetermined interest rate at regular intervals, typically annually or semi-annually, which is established at the time of issuance and does not change regardless of market fluctuations.</skos:definition>
</owl:Class>