1.18.1.2 Consolidation Detail
Consolidation Details can be added for the application in the Entry Stage.
For information on the screen fields, refer to the field description table below.
Table 1-188 Consolidation Details - Field Description
| Field | Description |
|---|---|
| Tranche Ref Number | Display the tranche detail which was selected in initiate screen. |
| Value Date | The date refers to the maturity date of the child drawdowns that have to be consolidated as part of rollover. In addition to the same combination of counterparty, product, and currency, the child drawdowns should also have the same maturity date for consolidation to occur. |
| Counter Party | Counter party will be displayed |
| Contract Currency | Select the currency to be used for the drawdown consolidation |
| Product code | Select the drawdown product based on which the system selects the drawdowns for consolidation. This option list the drawdown products associated with the tranche product under which the selected tranche is processed |
| Rollover Type | Select the type of rollover you want to perform If consolidated option is selected, all selected drawdowns with the same combination of Tranche, Drawdown Product, Counterparty, Currency and Maturity Date is consolidated into a single contract upon rollover. If Consolidated + Split option is selected, the system first consolidates the selected drawdowns as per the consolidation instructions and then splits the net result of consolidation as per the split instructions. |
| Rollover Amount | Select the rollover amount option from the dropdown |
| Rollover Mode | Select the rollover mode from the dropdown |
| Maturity Date | You can capture the maturity date of the rolled over drawdown here. If you do not specify the maturity date, the system arrives at the maturity date based on the ‘Roll By’ value and the ‘Maturity Days’ specified for the drawdown. |
| Maturity Days | User can input the number of days that is to be added to the value date of the new consolidated drawdown to arrive at the maturity date of the drawdown. |
| Roll By | It indicate the tenor basis upon which the maturity days specified for the rolled-over contract will be derived |
Parent topic: Consolidation Rollover Entry