4.8.2 Treasury Rate Fixing Maintenance

The Floating Rate is fixed for every period for the cash flow settlement of the floating rate leg. The Rate fixing days is defined based on trade-to-trade basis. The system allows you fix the floating rate in advance or at the end of the rate revision schedule based on the rate fixing days and movement set for the trade.

1. On the Home page, type TRDRTFXD in the text box, and click the next arrow.

   The Treasury Rate Fixing Maintenance screen is displayed.

   Figure 4-29 Treasury Rate Fixing Maintenance

   
   
   Description of the illustration trdrtfxd_cvs_main.jpg
   
2. On the Treasury Rate Fixing Maintenance screen, Specify the details as required.

   Note:

   The system allows the Manual Rate fixing through interface/web service. The Event RTFX is triggered on authorization of rate fixing. Fields 32H and 37((G,R, and M) for payment messages) will have the updated values in MT362(Interest Rate Reset/Advice of Payment.

   For more information, refer to the Interest User Manual, Chapter 2, Section 2.4 Treasury Rate Fixing Maintenance.