1.20 Tenor and Interest Rate Details

This topic describes tenor-based interest rates.

The rates that will be applied for a given combination of Amount Slab, Effective Date, and Lend/ Borrow Indication can be tenor-based. In the table, the user can define tenors and indicate the rates applicable to each tenor. The rate will be applied to contracts based on the slab into which it falls and the reset tenor defined for the component.