1.35 Floating Rates Maintenance

This topic describes the systematic instructions to process floating rate maintenance.

1. On the Home page, specify CFDFLRAE in text box, and click next arrow.

   The Floating Rates Maintenance screen is displayed.

   Figure 1-40 Floating Rates Maintenance

   
   Description of "Figure 1-40 Floating Rates Maintenance"
2. On the Floating Rates Maintenance screen, specify the fields.

   For more information on fields, refer to the below table.

   Table 1-38 Floating Rates Maintenance- Field Description

   Field	Description
   Rate Code	Specify a code to identify the Floating Rate you are defining. You can associate several currencies to the rate code and specify rates for each currency. While processing a contract, you need to indicate this code to make the rate applicable to the contract.
   Rate Description	Specify the rate code description.
   Rate Source and Description	Specify the rate source, and its description.
   Effective Date	Specify the date.
   Branch	Specify the name of the branch.
   Tenor code and Description	Specify the starting tenor or the minimum tenor for which the risk percent is applicable. By default the value of this field will be 0 or the Tenor To of the previous record.
   Currency Code and Description	Specify the currency code and its description.
   Rate type and description	Specify the type of the rate, and its equivalent description.
   Interest Rate	Specify the Interest Rate.