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
Parent topic: Interest Rate Fixing Notice