2.12.7 Bonds

This topic provides information on Bonds of specific collateral details.

Note:

The fields, which are marked with an asterisk, are mandatory.

1. On the Home screen, specify GCDCOLBO in the text box and click the icon.
   The Bonds screen is displayed.

   Figure 2-66 Bonds

   
   

   
   Description of "Figure 2-66 Bonds"

   
   
2. On Bonds screen , click the Bond Details tab.
   Multiple bond records can be linked to the same customer collateral. Collateral value is updated duly considering amount of these bonds.
   The Bond Details screen is displayed.

   Figure 2-67 Bond Details

   
   

   
   Description of "Figure 2-67 Bond Details"

   
   

   For more information on fields, refer to the field description table.

   Table 2-70 Bond Details - Field Description

   Field	Description
   Security Code	Click the icon and select the security code from the list.
   Security Description, Issuer Code, and Issuer Name	Displays the details based on the selected security code.
   Folio Number	Folio number is unique across different bonds linked to the collateral.
   Holder	Specify the name of bond holder.

   Table 2-71 Bonds Details - Field Description

   Field	Description
   Price Code	Based on price code for the security selected, unit value is defaulted from security maintenance.
   Currency	Select currency of bond from the adjoining list.
   Unit Value	This field gets defaulted for the selected Price Code.
   Quantity	Specify the quantity of bonds.
   Total Bond Amount	Total bond amount is calculated for the quantity specified considering unit value.
   Amount In Collateral Currency	Wherever bond currency is different from collateral currency, bond value in the collateral is converted to collateral currency as per rate configured and collateral value is updated.
   Issue Date	Specify the issue date of bond. Issue date cannot be future dated.
   Bond Tenure (in days)	Bond tenure is calculated based on issue date and maturity date.
   Maturity Date	Maturity date of bond is considered as collateral end date and collateral value is updated as zero. Maturity date cannot be back dated. When multiple bonds with different end dates are linked to the collateral, collateral value is appropriately reduced based on end of the bond.
   Rating Agency and Rating	Select the rating for the bond from the agency.
   Electronic Mode	Select this check box if the bonds are in electronic mode.
   Remarks	Specify the remarks if any. Following sub-screens are not relevant to bonds type of collateral. Appropriate message is displayed when the same are invoked for entering data at the time of collateral maintenance. Insurance Field investigation details Valuation details

3. Click Save to save the record.