DEFAULT SPREAD IN INTEREST LIMITS DETAILS (OLDINTLM)

A new field “Default Spread” is introduced in the Interest Limits Details Screen (OLDINTLM). For Loans (OL) or Syndication (LS) if Default Spread is maintained, the same would be defaulted during the contract booking or capturing of reprice/rollover instructions, if the spread type field is maintained as “Flat” for the corresponding product. The spread can be changed post default from the maintenance.

ADVANCE MARGIN FEE SUPPORT FOR BILATERAL

System would allow advance payment schedule for margin fees for bilateral loans..