4.9.12.1 BA Details at Tranche Level
Participant-wise BA rates are captured while booking tranches. Based on these details, participation borrower interest is calculated.
Click BA Details to enter Discount Rate
and Stamping Fee Rate for each participant while
booking tranche contract. You can accept inputs from individual participants for
discount and stamping fee rates. The rates provided at the tranche level are carried
forward to the drawdown level where you can modify the tranche defaulted rates.
Figure 4-51 Participant BA Details
Table 4-15 BA Details at Tranche Level
Fields | Description |
---|---|
Rounding unit | This field is for defining rounding parameters for derivation of discount price. |
Maximum rate | This field is for defining the maximum rate for
individual participant discount rates.
The other details are automatically calculated and displayed in drawdown Participant Ratio Details screen. |
Parent topic: Maintaining Participant Details for the Tranche