Forward Curve for Loan Commitments/Add-On Rate Calculation

The system is enhanced to use forward curves for future starting instruments like loan commitments.

Business Benefit:

For loan commitments, where the system gives the flexibility to calculate rate lock option cost for committed rate, forward curves must be used for TP and add-on rate calculations, and are enabled in this release.

Steps to Enable

You don't need to do anything to enable this feature.