1.76 Maintain Alternate Risk Free Rates

This topic explains systematic instructions to maintain alternate risk-free rates.

Note:

The fields which are marked in asterisk are mandatory.
  1. On Homescreen, type CFDRFRRT in the text box, and click Next.
    The RFR Rate Input screen displays.

    Figure 1-84 RFR Rate Input


    Description of Figure 1-84 follows
    Description of "Figure 1-84 RFR Rate Input"

  2. On the RFR Rate Input screen, specify the fields.
    For more information on fields, refer to the field description table.

    Table 1-99 RFR Rate Input - Field Description

    Field Description
    Rate Code Click Search and specify the rate code to identify the Risk-Free Rates (RFR) that are being defined. For example, SOFR
    Rate Description Enter a description to identify the rate code being defined.
    Type Select the type of maintenance:
    • Rate
    • Index Value
    Rate Code Type The system displays the rate code type maintained in the Rate Code Definition screen.
    Currency Code Click Search and specify the currency for this rate code from the list of values which displays all valid currency codes for the rate code maintained in the system.
    Currency Name The system displays the currency name.
    Rate Received Date The date on which our system received the RFR Rate or Index Value.
    Effective Date Each rate defined for a Rate Code and Currency combination must have an Effective Date associated with it. This is the date on which the rate comes into effect. Once a rate comes into effect, it is applicable till a rate with another Effective Date is given for the same Rate Code and Currency combination.
    Rate/Index Value Specify the interest rate or index value.
    Rate Applicable Days The number of days the defined rate is applicable.
    1st Percentile, 25th Percentile, 75th Percentile and 99th Percentile Denotes the monthly/quarterly/ yearly/average rate details received from SOFR.
    Volume (In Billions) Specify the volume.
    Rate Captured Date and Time The system displays the rate captured date and time.
  3. Click Exit to end the transaction.

Parent topic: Core Maintenance