16.7.4 Consolidated Interest Rate Fixing Notice

Consolidated Interest Rate Fixing Notice to Borrower for Renewal Drawdown

This notice is generated to give the borrowing customer a consolidated view of the interest rate fixing applied for a drawdown loan due for renewal.

The consolidated interest rate fixing notice includes the following details.

• Details of New Consolidated Advance
  • The reference number of the tranche to which the new drawdown loan is linked.
  • The date on which the drawdown loan contract is due for renewal.
  • The period for interest calculation
  • The Maturity Date of the drawdown
  • The tranche currency (Base Ccy) and amount
  • The drawdown currency (Optional Ccy) and amount
  • The Interest fixing date/time applied on the drawdown
• Details of Original Advances
  • The tranche currency (Base Ccy) and amount
  • The drawdown currency (Optional Ccy) and amount
  • The date on which the drawdown is booked in the system.
  • The period for interest calculation
  • The Maturity Date of the drawdown