If you have indicated the rollover mechanism applicable for contracts using the product in the Rollover Mechanism field as New Contract (as in the case of borrower draw down products), then you can use this field to indicate whether a single new contract must be created for the rolled over amount.

Or

Whether the original contract must be split into multiple contracts, or consolidated with other contracts into a single new contract, when rolled over using the rollover operation. Accordingly, select any of the options, Normal, Split, or Consolidated, in this field, as applicable.

If you indicate the Split option, you can specify the preferences for the split, when you enter the borrower draw down contract using the product.

If you indicate the Consolidate option, you can specify the other draw down contracts with which the original contract must be consolidated into a single contract, when you enter the borrower draw down using the product.

Specifying the maturity basis

You must indicate the tenor basis upon which the maturity days specified for the rolled-over contract are reckoned, in the Roll By field. The options are Days, Months, Quarters, Semiannuals, and Years.