Interest Cash Flow calculation
Interest Cash Flow calculation using Original Rate
When calculation date range is 'Origination to Maturity' Current Net or Gross Rate was used to calculate interest amount. Interest Rate at origination will be different from current rate for an adjustable-rate instrument. Even for fixed rate instrument Original and Current Rate can be different if a restructuring has occurred. CFE has been enhanced to use Original Net or Gross Rate to calculate interest amount when calculation date range is 'Origination to Maturity'. If Original Rate is not available, then Current Rate will be used.
Business Benefit:
Improves the accuracy of interest calculation
Steps to Enable
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