11.4.2.2 MM Placement – Fixed Bearing Interest
The preferences set for this product are as follows:
- The payment type for this product is of Bearing type
- Forward dating is allowed for the product.
BOOK: Booking
The following are the Accounting entries:
Accounting Entries
Accounting Role |
Amount Tag |
Dr./Cr. Indicator |
---|---|---|
FWDASSETGL |
PRINCIPAL_FWD |
Debit |
FWDASSETOFF |
PRINCIPAL_FWD |
Credit |
The following are the advices entries:
Advices
Advice Name |
Description |
---|---|
MMCONPLA |
MM Placement Confirmation |
MM_DEAL_SLIP |
Deal Slip |
SWIFT_MESSAGE |
MT320, MT330, MT335, MT350 |
INIT: Initiation
The following are the Accounting entires:
Accounting Entires
Accounting Role |
Amount Tag |
Dr./Cr. Indicator |
---|---|---|
ASSETGL |
PRINCIPAL |
Debit |
CUSTOMER |
PRINCIPAL |
Credit |
FWDASSETGL |
PRINCIPAL_FWD |
Credit |
FWDASSETOFF |
PRINCIPAL_FWD |
Debit |
FWDASSETGL |
PRINCIPAL_FWD |
Debit |
FWDASSETOFF |
PRINCIPAL_FWD |
Credit |
ASSETGL |
PRINCIPAL_ROIN |
Debit |
ROLL_WASH |
PRINCIPAL_ROIN |
Credit |
ASSETGL |
PRINCIPAL_ADDL |
Debit |
CUSTOMER |
PRINCIPAL_ADDL |
Credit |
The following are the advices entries:
Advices
Advice Name |
Description |
---|---|
MM_CONT_ADV |
Contract Advice |
NA |
NA |
ACCR: Interest Accrual
The following are the Accounting entires:
Accounting Role |
Amount Tag |
Dr./Cr. Indicator |
---|---|---|
INTERINC |
INTER_ACCR |
Credit |
INTERREC |
INTER_ACCR |
Debit |
PENL1INC |
PENL1_ACCR |
Credit |
PENL1REC |
PENL1_ACCR |
Debit |
PENL2INC |
PENL2_ACCR |
Credit |
PENL2REC |
PENL2_ACCR |
Debit |
Additional Accounting Entries for Negative Interest allowed Product
Accounting Role |
Amount Tag |
Dr./Cr. Indicator |
---|---|---|
Negative Interest CompEXP |
Negative Interest Comp_ACCR |
Debit |
Negative Interest CompPAY |
Negative Interest Comp_ACCR |
Credit |
There are no advices entries.
LIQD: Liquidation
The following are the Accounting entires:
Accounting Entires
Accounting Role |
Amount Tag |
Dr./Cr. Indicator |
---|---|---|
CUSTOMER |
INTER_LIQD |
Debit |
INTERREC |
INTER_LIQD |
Credit |
PENL1REC |
PENL1_LIQD |
Credit |
CUSTOMER |
PENL1_LIQD |
Debit |
CUSTOMER |
PENL2_LIQD |
Debit |
PENL2REC |
PENL2_LIQD |
Credit |
ASSETGL |
PRINCIPAL_LIQD |
Credit |
CUSTOMER |
PRINCIPAL_LIQD |
Debit |
Additional Accounting Entries for Negative Interest allowed Product
Accounting Entires
Accounting Role |
Amount Tag |
Dr./Cr. Indicator |
---|---|---|
Negative Interest CompPay |
Negative Interest Comp_LIQD |
Debit |
Customer |
Negative Interest Comp_LIQD |
Credit |
The following are the advices entries:
Advices
Advice Name |
Description |
---|---|
SWIFT_MESSAGE |
MT320, MT330, MT335, MT350 |
PAYMENT_MESSAGE |
Payment Message |
VAMB: Value Dated Amendment Booking
There are no Accounting entires.
The following are the advices entries:
Advices
Advice Name |
Description |
---|---|
MMAMDADV |
Amendment Advice |
NA |
NA |
VAMI: Value Dated Amendment Initiation
The following are the Accounting entires:
Accounting Entires
Accounting Role |
Amount Tag |
Dr./Cr. Indicator |
---|---|---|
ASSETGL |
PRINCIPAL_INCR |
Debit |
CUSTOMER |
PRINCIPAL_INCR |
Credit |
The following are the advices entries:
Advices
Advice Name |
Description |
---|---|
SWIFT_MESSAGE |
MT320, MT330, MT335, MT350 |
NA |
NA |
CAMD: Contract Amendment
There are no Accounting entires.
The following are the advices entries:
Advices
Advice Name |
Description |
---|---|
SWIFT_MESSAGE |
MT320, MT330, MT335, MT350 |
NA |
NA |
REVC: Reversal
There are no Accounting entries.
The following are the advices entries:
Advices
Advice Name |
Description |
---|---|
SWIFT_MESSAGE |
MT320, MT330, MT335, MT350 |
NA |
NA |
Parent topic: MM Borrowing with Fixed Discounted Interest