4.9.26.2 Viewing Repayment History

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

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

From the LB Tranche Contract Online screen, click Tranche Repayment Schedules.

1. From the Tranche Repayment Schedules screen, click Schedule History.
   The Repayment History screen is displayed.

   Figure 4-70 Repayment History

   
   

   
   Description of "Figure 4-70 Repayment History"

   
   
2. In this screen you can view the history of the past tranche repayment schedules along with the actual cash flow of the drawdowns under that tranche, for a value date.

   Note:

   • Normal scheduled repayments for the drawdown does not affect the repayment schedules at the tranche level.
   • Prepayments for the drawdown affects only the future repayment schedules at the tranche level which fall on or after the application date.
   • The reversal of the prepayments of drawdowns does not affect the repayment schedule at the tranche contract level. Any changes to the schedules should by amending the tranche contract.
   • Any pre-payments processed for a drawdown is identified and adjusted against the future tranche repayment schedules defined in the above screen.
   • The pre-payment apportionment method is as specified at the tranche level (LIFO/ FIFO/PRO-RATA).
   • In case of non-revolving tranche, system allows to select the drawdown maturing on a tranche repayment schedule date. But in case of revolving tranche, drawdowns maturing or having interim schedules on a given tranche repayment schedule date cannot be selected against that tranche schedule date. However, system does not stop booking a new drawdown with a different maturity/interim schedule date and liquidating the drawdown on different value date which is not maintained in tranche repayment schedule date.
   • You can capture prepayment even though there is no repayment schedule for the same drawdown captured for that day. For the prepayment value date, system inserts the allocation amount with the outstanding amount by applying the ratio between the old drawdown outstanding amount and old global drawdown amount on the new drawdown outstanding amount irrespective of the wheter or not the ‘Cascade Participation’ box is checked for the corresponding tranche.
   • Whenever there is a reversal of payment (reversal date not equal to the date of liquidation) or reversal of drawdown(rith Payment), then redefinition of future tranche repayment schedules takes place for the reversal during the batch process based on the tranche repayment redefinition rule mentioned in the Tranche Schedule screen. Actual liquidation amount may or may not be equal to the allocated amount in the case of scheduled/unscheduled payment.