This topic provides systematic instructions about securities maintenance.

1. From Menu, select Limits and Collaterals. Under Limits and Collaterals, select Collaterals.
2. Under Collaterals, select Maintenances. Under Maintenance, select Securities.
3. Under Securities, select Security Maintenance.
   The Security Maintenance screen is displayed.

   Figure 3-16 Securities

   
   

   
   Description of "Figure 3-16 Securities"

   
   
4. On Securities screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 3-15 Securities - Field Description

   Field	Description
   Security Code	Specify a unique ID to identify the security. This ID is called the Security Code. This ID is used while maintaining Collateral for a market value based Security.
   Description	Specify in description of the security code.
   Collateral Type	Click the icon to select collateral type for which security maintenance is done.
   Issuer Code	Click the icon and select the issuer code For whom security is associated for the collateral type to which limit is set. Issuer code is mandatory for securities of collateral type funds, bonds, stocks and commercial papers
   Start Date	Specify the Start date of the Security (e.g. Debenture/ Bonds) Note: Only securities which are active (after start date and before expiry date) are available at collateral maintenance level for considering the security for creating collateral. Expired securities are not available for attaching to collateral at the time of collateral maintenance.
   End Date	Specify the End date of the Security.
   Currency	Click the icon and select the in which limit amount is to be set for security. Once authorized this entry cannot be changed.
   Equity Base	Specify the equity base for the security, which represents the total amount raised through its issuance. This entry is for information purposes only. For example: Gem granites have come out with Debentures 98 and have raised US $1 Million through this issue. This US $1M that Gem Granites has raised constitutes the equity base for Debentures 98.
   Face Value	This is the overall limit for a particular security with which collaterals can be maintained for different customers.
   Price Increase Sensitivity	If the value of collateral is backed by a marketable security (whose value is driven by market forces) you may want to revalue the collateral, so that its value reflects the current market price of the security, which backs it. To do so, you should specify your sensitivity to the security. The price sensitivity of a security is expressed as a percentage. You should specify the percentage increase or decrease (the upper and lower limits) above or below the current market price, which should trigger the revaluation process. The revaluation process revaluates the collateral if the price of the securities that backs it fluctuates above or below the sensitivity you have defined.
   Price Decrease Sensitivity	Denotes the percentage decrease in the market price of the security that should trigger a revaluation of the Collateral. This means, if the current market price of the security falls below the old market price by the percentage you have defined as the decrease sensitivity for the security, the revaluation process happens. For example, consider a case wherein you had specified the price decrease sensitivity of Debentures 98 to be 15%. If the market price of the security has decreased from US $100 to US $75. At this fall in the market price of the security (which is 25% below the old market value of the security), the revaluation process is triggered off, so that the Collateral value of the security reflects it s current market price.
   Limit Amount	This is the overall limit for a particular security with which collaterals can be maintained for different customers. Specify the limit amount for the particular security. Limit amount is applicable for funds, bonds, stocks, and commercial papers. This is validated against the limit specified for the issuer in the collateral type under which security is created.
   Nominal Value Based.	Switch to to calculate the nominal value based for a particular security for the collateral value. Switch to to disable this parameter.
   Price Details	If the security is quoted in different markets, its value would differ in different markets. You can maintain the various market prices of the security under the Price table. You can specify the following details under this section. Security created can be used in Collaterals Maintenance screen of collateral types which are enabled for external revaluation.
   Price Code	Indicates the market place for which the price is quoted. This is a unique code for the security to signify the price, like market place/exchange where the price is quoted for the security. Note: Price Code modification for a new price with a new effective date is not allowed on an expired security.
   Price	Specify the price of the security in that market.
   Description	Specify the description of the price.
   Last Price Change	Date on which the price was last changed. This gets updated with the date on which new price is signified for the price code. This can later be linked to Collaterals Maintenance screen which supports maintaining market value based collaterals. Security created can be used in Collaterals Maintenance screen of collateral types which are enabled for external revaluation.

5. Click Save to save the record.

• View Securities
  This topic describes the systematic information to view the issuer maintenance.