Processing Repayment (LIQD, MRLQ, SPTI, ROLL, FLIQ)

5.21.2 Processing Repayment (LIQD, MRLQ, SPTI, ROLL, FLIQ)

On authorization of repayment events, Payment Processing Browser is populated with the following values.

Contract Ref No is defaulted to the Borrower Contract Ref No
In borrower Details frame, Contract Ref No, Customer name, Counterparty number, Classification, Value Date, Amount, CCY, and Transaction Event (Transaction Event as LIQD, MRLQ, SPTI, ROLL, FLIQ) fields are defaulted.
In Event wise Fronting Details Tab, Contract Ref No, Counterparty Number, Customer Name, Classification, Pro rata Share (Principal + Actual Interest Liquidated) fields are defaulted.
In Investor wise Funding Details Tab, Participant Details frame is defaulted to Contract Ref No, Counterparty, Counterparty Name and Unfunded Amount(Unfunded Amount gets updated based on previous Funding and Fronting Details).

You have to specify the Fronting Details of Borrower before proceeding with any other activity. You can query for the contract and unlock it to capture the Fronting and Sighting Fund details for the Repayment Event.

This topic contains the following sub-topics:

Parent topic: Processing the Release of Payment Messages