4.9.19 Defining SKIM Details for Tranche Participants

SKIM refers to the additional interest that is paid or received between tranche participants. The payer, payee and SKIM rates have to captured for the tranche in the Skim Details – Tranche screen.

Specify the UserID and Password, and login to Homepage.

From the Homepage, navigate to LB Tranche Contract Online (LBDTRONL) screen.

1. From the LB Tranche Contract Online screen, click Skim Details.
   The Skim Details – Tranche screen is displayed.

   Figure 4-58 Skim Details – Tranche

   
   

   
   Description of "Figure 4-58 Skim Details – Tranche"

   
   

   The Skim details to be captured in the above screen are discussed below:

• Specifying Skim Participants
  
• Specify Skim Rates for DD Products