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

Apr 03, 2017 at 05:25 PM

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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

Grigoriy Babitskiy Apr 04, 2017 at 06:27 AM
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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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Hi Grigoriy

Thank you for your response

I have few queries

1. We have condition types 301 maintained, should we maintain 290 alternatively

2. 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

Thanks in advance

Regards

Zehran

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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.

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