Prepayment Rule
Prepayment on User Defined Tenor for Forward Starting Instrument
Business Benefits:
- In case of Forward Starting Instruments (where Origination Date > As of Date) user-defined prepayment dates are now derived with reference to Origination Date instead on As of Date. This removes that chances of error when tenors in prepayment rule fall before Origination Date.
- Improve accuracy of cash flow calculation
Steps to Enable
You don't need to do anything to enable this feature.