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Jan 01, 2019 at 11:39 AM

Post Amortization to FI for Bonds

174 Views Last edit Jan 01, 2019 at 11:40 AM 2 rev

Hi Experts,

i have followed below steps for Fixed Bonds 04I.

1. Created Class in FWZZ

2. Created transaction in FTR_CREATE for the above class

3. Run the TBB1

4. Run TPM1

more details, Bond i made it only for a year, with coupons for every 3 months, so i ran valuation at the end of 31st March 2018, 30th June 2018, 30th Sep 2018 and wanted to run for 31st December 2018 assuming bond start and end dates are 01 jan 2018 and 31 st december 2018

Nominal value of bond is 100

payment value is 95, so 5 INR is amortized across three valuations months as 1.18, 1.23, 1.28 respectively

my queries are

1. when i run valuation again on 31st Dec 2018, it says no positions selected, instead on 30th i could run, but takes me to negative amortization, why is this happening?

2. also the flows related to Amortization valuation are fixed, should we actually post this to FI if yes how to do, because in TBB1 it say no flows to post

when i try to run valuation on 31st Dec 2018

please guide