Entering Bank Loans
On October 16, 2000, you receive an order for bank loan of $100,000 USD, with a floating rate tied to the LIBOR (London Inter-bank Offer Rate). The settlement date is October 25, 2000 with a term of 365 days. The Straightline Method is used for the Discount/Premium. Any initial rate value you may have is entered in the Rate field.
| Section Heading | Field | Field Value |
|---|---|---|
|
Deal Detail |
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|
|
Unit |
US001 |
|
|
Deal ID |
STL2 |
|
|
Instrument Type |
BANKLOAN |
|
|
Transaction Date |
10/16/2000 |
|
|
Instrument Base Type |
Interest Rate Physical |
|
Interest Rate Physical Details |
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|
|
|
Settlement Date |
10/25/2000 |
|
|
Term |
365 |
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|
Maturity Date |
10/25/2001 |
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|
Issue Date |
10/25/2000 |
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|
Interest Period Start Date |
10/25/2000 |
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|
Classification |
Debt |
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|
Rate Type |
Floating |
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|
Rate |
6.7 |
|
|
Reset Index |
LIBOR |
|
|
Day/Count Basis |
Actual/360 |
|
|
Interest Calculation |
Interest Bearing |
|
|
Par Amount |
1,000,000.00 |
|
|
Currency |
USD |
|
|
Settlement Amount |
1,000,000.00. |
|
|
Price % of Par |
100.0 (Automatically populated with the default value.) |
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|
Discount/Premium |
Straightline Method |
|
|
Initial Reset Rate |
6.7 |
|
Interest Dates and Calculation |
|
|
|
|
Repeat Interest Dates |
Selected |
|
|
Interest Frequency |
Quarterly |
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|
Reset Frequency |
Quarterly |
|
|
Reset Rate Index Tenor |
3 Month |
|
|
Business Day Convention |
Modified Following |
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|
Next Interest Payment |
Traded Cum-Interest |
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Interest Calculation |
Day Counted Interest Use NominalDates |
|
Interest Date Rule |
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|
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|
Interest Date Rule |
Backwards from Maturity Date |
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|
Payment Date |
Business Days - Paid in Arrears |
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|
+/- Payment Days |
0 |
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|
Reset Date |
Set in Advance |
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|
+/- Reset Days |
-2 |
|
|
Accounting Treatment |
Available for Sale |
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|
Counterparty |
USBNK |
|
|
Issuer |
USBNK |
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|
Guarantor |
USBNK |
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Description |
1 Year to 2001-10-25 Debt USD 1.0m. @ LIBOR |
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|
Deal Status |
Matured |
|
Cash Flows Page |
|
|
|
|
Settlement Date Description Amount Currency |
10/25/2000 Principal 1,000,000.00 USD |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
01/25/2001 Interest -17,122.22 USD 01/25/2001 01/25/2001 |
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|
Settlement Date Description Amount Currency Nominal Date Interest Date |
04/25/2001 Interest -19,500.00 USD 04/25/2001 04/25/2001 |
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|
Settlement Date Description Amount Currency Nominal Date Interest Date |
07/25/2001 Interest 0.00 USD 07/25/2001 07/25/2001 |
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|
Settlement Date Description Amount Currency |
10/25/2001 Principal -1,000,000.00 USD |
|
Settlement Instructions page |
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|
Payment Information |
||
|
Our Settle Thru SetID |
SHARE |
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Our Settle Thru Bank |
USBNK |
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Our Settle Thru Account |
CHCK |
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|
Counterparty's Instructions |
USBKS |
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Payment Method |
Wire Transfer |
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|
Layout |
820 |
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|
Receipt Information |
||
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Our Settle Into SetID |
SHARE |
|
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Our Settle Into Bank |
USBNK |
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|
Our Settle Into Account |
CHCK |
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Our Settlement Instructions |
TUS01 |