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.