5.2.14.2 Alternative Risk-Free Rates Preferences
The options of Alternative Risk-Free Rates Preferences are defaulted from Interest Class Maintenance screen (LFDINTCL).
While booking the contract you can modify the Alternative Risk-Free Rates Preferences options.You cannot modify the preferences during contract amendment and value dated amendment.
In case loan is booked with Alternative Risk-Free Rates Preferences and during contract amendment if you try to change the preferences to LIBOR Fixed/Floating, then the following error appears:
Modification of parameters from RFR to Non-RFR and vice-versa is not allowed
For more information, refer to Interest User Manual.
Parent topic: Specifying Drawdown Interest Details