4.22 Amending Tranche Margin Details

At the tranche level, you would have maintained the Margin Slab/Tier structure for margin types of Tranche basis.

For more details on this, refer the heading titled Maintaining Margin Slab/Tier structure in this chapter.

After you authorize the tranche, you may want to amend the margin details. In addition, if you do not maintain the margin details when capturing the tranche, you can specify the same after the tranche is saved and authorized. You can use the Margin Maintenance screen available in the Application Browser for these activities. Note that you cannot amend margin rates for borrowers and participants before the participant transfer value date if a transfer has been initiated with a future value date.

Specify the User ID and Password, and login to Homepage.

1. On the Homepage, type FCDRCMNT and click next arrow.
   The Margin Maintenance screen is displayed.

   Note:

   The fields which are marked in asterisk red are mandatory fields.

   Figure 4-93 Margin Maintenance

   
   

   
   Description of "Figure 4-93 Margin Maintenance"

   
   
2. To maintain/amend the details, select New from the menu. Then, select the following in this screen:

   Table 4-30 Margin Maintenance

   Fields	Description
   Contract Ref No	You have to select the tranche for which margin details have to be maintained or amended, as the case may be. The option list displays all the authorized tranches processed in the system. When you select the tranche, system displays the following: Tranche currency Department Code Branch Code Treasury Source
   Customer No	Select the customer for whom you want to maintain the margin details. The option list displays the names of the borrowers associated with the selected contract and also the ALL option. If you want to apply the margin details to all the borrowers, select the ALL option.
   Component	Select the margin component for which you want to capture the details. All margin components associated with the selected contract are available in the option list. When you select the component, system defaults the Component Type, whether Slab or Tier. This is based on your maintenance in the Margin – Definition screen. You cannot change this parameter.
   Amount Type	You can define the Slab/Tier structure either in terms of amount or percentage of tranche utilization. Select the appropriate option. For details on the other fields required to capture a Slab/Tier structure, refer the heading titled Maintaining Margin Slab/Tier structure in this chapter. Note: If the Margin rate is changed manually and the UDF value for RATE-VARIANCE is maintained as a non-zero value for Borrower tranche, dual authorization is required to save the operation. For more details, refer the section Authorizing Overrides in this chapter of this User Manual.

   This topic contains following sub-topics:

• Viewing Margin Maintenance Summary
  
• Spreading Margin Rate Revisions