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Former Member
Feb 19, 2011 at 11:38 PM

Fixed amount interest in percentage-quoted bonds

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Hi gurus

I run into a trouble when customizing bonds. The problem is we have percentage-quoted bonds with fixed amount interests for each period. We use "TZ" Fima category for interest condition in security class. when we enter interest amount in the condition it doen't work as expected. We need system to calculate base amount for interest of all bonds by formula:

Base amount for interest calculation of all bonds = Entered fixed amount X Nominal of all bonds / Nominal of 1 bond

Instead system calculate flow in a different way:

Base amount for interest calculation of all bonds = Entered fixed amount

The system doesn't take into consideration number of bonds, it always treats them as if there is always only one bond. I tried other FiMa categories for the interest condition, but without any results.

I'd really appreciate any help and pieces of advice.

Konstantin.