1.8.2.7 Interest Margin Details
Interest Margin Details of the contract selected for drawdown can be captured for the application in the Entry Stage.
Figure 1-138 Interest Margin Details Screen
Description of "Figure 1-138 Interest Margin Details Screen"
For information on the screen fields, refer to the field description table below.
Table 1-118 Interest Margin Details - Field Description
| Field | Description |
|---|---|
| Component Name | Specific Interest components which are defined will be displayed |
| Rate Type | Select the Rate Type to be applied for the interest component |
| Tenor | The effective duration of the interest component |
| Rate Calculation Type | Select the Rate Calculation Type to be applied for the interest component |
| Interest Basis | Select the Interest Basis to be applied for the Currency |
| Waived | If enabled the interest component wont be applied for the contract. |
| Rate Fixing Required | The interest rates can be fixed only if you have enabled the ‘Rate Fixing Required’ option for the interest component |
| Rate Fixing Days | The system arrives at the interest rate fixing date for the drawdown currency based on the Interest rate fixing days |
| Alternate Risk Free Rate | If enabled Risk free Rate will be considered for computing |
| Min Rate | The minimum interest rate which has to be considered for computing |
| Max Rate | The maximum interest rate which has to be considered for computing |
| Rate Code | The system defaults the interest rate based on the rate code |
| Rate | The interest rate which has to be considered for computing |
| Margin | The margin to be applied on the interest rate for the component |
Parent topic: Agency Drawdown Entry