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How to update reference Interest Rate for Accural Posting in TPM44 after Update in FMUP

Hi Experts

I have maintained the variable interest rate in JBIRM and then completed FMUP for a security transaction which has floating interest. However the system is referring to an earlier interest rate when the transaction was created during accrual in TPM44 and it is not updated after FMUP

Please confirm if i have missed any step in the transaction

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1 Answer

  • Apr 04, 2017 at 06:27 AM

    in FWZZ check condition type 209 "Interest rate adjustment". I think it's better for you to use "For reference interest rate entry".

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    • should we maintain 209 alternatively

      No, 309 and 209 condition types are the same for different product types. 309 is for securities emission and 209 is for buying and selling securities.

      we also have Condition Type 309 included in FWZZ and interest rate adjustment is mentioned in the start of the period. Do we need to modify this

      Yes, check this condition parameters.