11.3.4 Fixing Interest Rate for Child Contracts

If you have checked the Rate Fixing Required box for the interest component at the product level (in the Interest Definition screen), you can fix the interest rate for such components in the child contracts, at the time of re-pricing.

Specify the User ID and Password, and login to Homepage.

From the Homepage, navigate to Re-Price Transaction - Split Details screen.

  1. From the Re-Price Transaction - Split Details screen, click Interest Rate.
    The Interest Rate screen is displayed.

    Note:

    The fields which are marked in asterisk red are mandatory fields.
  2. For details on the above screen, refer the section titled Fixing interest rate after drawdown booking in the Loan Syndication Contracts chapter of this User Manual.