4.7.2 Capturing Interest Details
Alternative Risk-Free Rates Preferences
The options of Alternative Risk-Free Rates Preferences are defaulted from Loans Syndication – Borrower Product Definition (LBDPRMNT). If required, you can modify it.
For more information on Alternative Risk-Free Rates Preferences fields, refer to Interest User Manual.
Table 4-15 Capturing Interest Details
| Field | Description |
|---|---|
| Component | Specify the interest component of a Drawdown. |
| Amount | Specify the amount of the specified component. |
| Buyer’s Share | Specify the buyer’s share amount. |
| Start Date | Specify the start date of interest component computation. |
| Re-price Date | Specify the end date of interest component computation. |
| Base Rate | The base rate for the interest component. |
| Margin | Specify the margin details of the interest component. |
| Final Rate | Specify the final rate of the interest component after
calculating the base rate and margin.
Note: For more details on negative rate processing, refer the title Maintaining Loans Parameters Details in the chapter Bank Parameters in Core Services User Manual. |
Parent topic: Capturing Agency Details