5.2.3.12 Specifying Revaluation Preferences
- Exchange Rate Code
This indicates the code for the exchange rate that must be used to convert the drawdown amount from the drawdown currency to its equivalent in the tranche currency. The option list displays the rates codes maintained for the currency pair (tranche and drawdown currencies) involved in the conversion. During revaluation, system picks up the exchange rate maintained for the selected rate code and rate type corresponding to the currency pair.
- Exchange Rate TypeThis refers to the type of exchange rate that must be used to convert the drawdown amount from the drawdown currency to the tranche currency. The available options are:
- Buy
- Mid
- Sell
- FrequencyThis is the frequency or periodicity at which automatic revaluation should be performed. The options available are:
- Daily
- Monthly
- Half-Yearly
- Quarterly
- Yearly
- Start Month and Start Day
For the frequency selected, you must also specify the month and the date according to which the system commences the revaluation process.
Parent topic: Capturing Details in the ‘Contract’ Tab