12.7 Collateral Percentage Details Maintenance

You can maintain the collateral percentage details for the participants in the Collateral Monitoring Details screen.

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

1. On the homepage, type LBDCOLPT and click next arrow.
   The Collateral Participant screen is displayed.

   Note:

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

   Figure 12-7 Collateral Participant

   
   

   
   Description of "Figure 12-7 Collateral Participant"

   
   
2. You can also maintain the collateral percentage details for the participants by clicking the Coll Part button in the LB Tranche Contract Online screen.

   Note:

   You can maintain the collateral percentage details in the LB Tranche Contract Online screen, whereas the sub sequent amendments can be done only in this screen.

   Specify the following details:

   • Contract Detail
     The system displays the following details:

     • Product Code
     • Customer
     • Facility Name
   • Collateral Detail
     Specify the following details:

     • Contract Ref No

       Specify the contract reference number. The adjoining option list displays all valid contract reference numbers that are maintained in the system. You can select the appropriate one.

     • Participant

       Specify the participant code for which the collateral percentage is being maintained. The adjoining option list displays all valid participant codes that are maintained in the system. You can select the appropriate one.

     • Participant Name

       The system displays the name of participant based on the participant code selected.

     • Collateral %

       Specify the collateral percentage of the participant.

     • Collateral Amount

       The system calculates and displays the collateral amount based on the following formula:

       Collateral Amount = Collateral % * Tranche Un-utilized amount * Participant Share

       Note:

       • You can maintain the collateral percentage details only if you have specified details in Collateral Settlement Mnemonic field in LB Tranche Contract Online screen.
       • On saving, the system would internally create a collateral online contract for each tranche, if the collateral online mnemonic is maintained.
       • The tenor of the collateral online contract will be same as the tranche contract.