2.8.3 Agreement Details

User can define the details of the agreement including document type and expiry.

• Details about the linked sub-agreements can be captured.

Click the Agreement Details tab in the Treasury Master Agreement Maintenance screen to open this screen.

Figure 2-21 Master Agreement Maintenance - Agreement Details

Description of "Figure 2-21 Master Agreement Maintenance - Agreement Details "

The following table describes the fields captured for agreement details.

* indicates mandatory fields.

Table 2-10 Treasury Master Agreement Maintenance – Agreement Details

Field	Description
Master Document Type	Select the standard document type used for this master agreement. Can be one of the standard document types maintained using ‘Treasury Static Type Maintenance’ function with type as ‘AG_TYPE’ Example: ISDA, GMRA, CNBR, CAR, etc. Can select ‘Others’ if the agreement did not use any standard document types
Agreement Details	Enter any additional details about the document used for this agreement. This field is mandatory if the Master Document Type selected is ‘Others’ A maximum of 30 characters can be entered for agreement details
Master Document Version	Enter the details about the version of the standard document type used for this agreement. Example: 2019/2.0 A maximum of 30 characters can be entered for version
Expiry Date	Specify the date up to which the agreement is valid. Expiry date cannot be less than the Agreement Date If Expiry Date is not specified, then the agreement is valid for an indefinite period. If amended, the value for this field cannot be less than the previous value for this field after subsequent authorization of the agreement
FX Rate Type	Select the exchange rate type for getting the exchange rate to be used for converting the exposure amount in any other currency to the margin currency for a transaction using this agreement for collateral margining. If specified, this rate type is used to get the prevailing exchange rate for calculating the margin amount in margin currency If not specified, the latest available exchange rate for the applicable date, irrespective of rate type, is used for calculating the margin amount in margin currency
FX Rate Code	Select the exchange rate code for getting the exchange rate to be used. If ‘Buy/Sell Rate’ is selected, then Buy Rate is used for transactions where bank is receiving, and Sell Rate is used for transactions where bank is paying If ‘Mid-Rate’ is selected, then Mid-Rate is used for all transactions where bank is receiving or paying ‘Mid-Rate’ is set by default, if not specified
Sub Agreement	Group of fields to capture the details about the sub agreements linked to this master agreement. At least one sub agreement should be defined for each purpose selected for this master agreement
Sub-Agreement Code	Enter a unique code that identifies the sub agreement within the master agreement. This field cannot be amended after first authorization of the agreement This code should be unique and cannot be used to identify any other sub agreement, within the same master agreement This code should be minimum 10 characters in length and can enter a maximum of 16 characters
Purpose	Select the purpose which this sub agreement is used. This field cannot be amended after first authorization of the agreement Can select Collateral (COLL) or Credit Support Annex (CSAX), if the sub agreement is for collateral margining purposes Can select Settlement Netting (NETS), if the sub agreement is for net settlement of either cash or securities or both for a transaction
Margin Type	Select the Margin Type for which the sub agreement can be used. This field is applicable only if the purpose selected is COLL or CSAX Can select Initial Margin (IM), Independent Amount (IA), Variation Margin (VM) or Funding (DF) A sub agreement should be defined for each margin type applicable for this master agreement If the same sub agreement is used for multiple margin types, then margin type can be selected as Any Margin (AL) A sub agreement should be mandatorily defined for Variation Margin (VM) or Any Margin (AL), if ‘Collateral Margining’ is selected as a purpose of the master agreement This field is set to VM by default, if the purpose selected is COLL or CSAX This field is set to ‘Netting (NT)’ and disabled, if the purpose selected is NETS
Document Type	Select the standard document type used for this sub agreement. Can be one of the standard document types maintained using ‘Treasury Static Type Maintenance’ function with type as ‘AG_TYPE’ Example: ISDA, GMRA, CNBR, CAR, etc. Can select ‘Others’ if the sub agreement did not use any standard document types
Document Version	Enter the details about the version of the standard document type used for this sub agreement. Example: 2019/2.0 A maximum of 30 characters can be entered for version
Agreement Details	Enter any additional details about the document used for this SUB agreement. This field is mandatory if the Document Type selected is ‘Others’ A maximum of 30 characters can be entered for details
Agreement Date	Specify the date from which this sub agreement can be used. Should be greater than or equal to the Agreement Date specified for the Master Agreement If not specified, the branch date is set by default If amended, the value for this field cannot be greater than the previous value for this field after subsequent authorization of the agreement If two sub agreements are defined for the same Purpose and Margin Type, the Expiry Date of the first sub agreement should be less than or equal to the Agreement Date of the second sub agreement
Expiry Date	Specify the date up to which this sub agreement is valid. Expiry date cannot be less than the Agreement Date for the sub agreement If Expiry Date is not specified, then the sub agreement is valid till it is marked as inactive If amended, the value for this field cannot be less than the previous value for this field after subsequent authorization of the agreement
Active	Indicate whether this sub agreement can be used for the transactions. Only sub agreement can be active at any point in time, for the selected Purpose and Margin Type At least one sub agreement should be active for each purpose selected for this master agreement