1. Interest User Guide
  2. Interest
  3. Treasury Manual Rate Fixing

1.11 Treasury Manual Rate Fixing

This topic explains the systematic instructions to apply the rate fixing on the selected float rate type contracts.

Treasury Manual Rate Fixing screen allows you to fetch the contracts which require rate fixing and also apply the rate fix on the selected float rate type contracts having the fixing date as the primary search criteria to query deals.
  1. On the Homepage, enter TRDMRTFX in the text field and then click the next arrow.
    The system displays the Treasury Manual Rate Fixing screen.

    Figure 1-9 Treasury Manual Rate Fixing

    Description of Figure 1-9 follows
    Description of "Figure 1-9 Treasury Manual Rate Fixing"

    Note:

    TR_RTFX_UPLOAD is defined and scheduled to pick rate fixed records from the external system.
  2. Specify the fields in the displayed screen.

    Table 1-23 Treasury Manual Rate Fixing - Field Description

    Field Description
    Rate Fixing Reference Number

    This is a Mandatory Field. The system generates the reference number for rate fixing.
    Branch Code

    This is a Mandatory Field. Specify the Branch code as per the requirement.
    Rate Code

    Specify the Rate code from the list of values displayed.
    Rate Fixing Date

    This is a Mandatory Field. Specify the Rate fixing date as per the requirement.
    Source System

    Specify the Source System as per the requirement.
    Module Code

    This is a Mandatory Field.

    Specify the Module code from the list of values displayed.
    Currency
    Specify the Currency details as required from the list of values displayed.

    Note:

    The rate fixed contracts having status Authorized or Unauthorized is not listed here.

    You have an option to process the rate fixing for the specific modules or specific rate code; all rate code; specific currency or all currency; specific branch or all branches.

    Once all the details are provided the and you click on Fetch, the contracts pending for rate fixing are fetched based on the conditions mentioned in the deal details field.

    For the contracts once rate fixing is applied, the same contract is not fetch again. You can select single, multiple, or all the records to process. The Final Effective rate is derived from the Rate, Spread, and Customer Margin. The Rate fixing event is triggered on authorization of the record.

    The confirmation message is generated for the contract (if applicable).

    The Rate fixing on back dated dates is supported from this screen, if rates are available. In case of a forward movement, rate is fixed after the effective date and interest catch up entries are posted during EOD processing.

    Rate fixing event is processed on fixing date, only if the effective date floating rates are available. If rates are not available during processing, rate fixing event is skipped.

Parent topic: Interest