28.2 Process Daily Events

This topic describes the processing of daily events.

The daily events processing program is run as a mandatory program at the beginning of each working day and can be run only once during the day. This program selects the events that have to be processed at BOD for all the branches. As part of daily events, the following will be selected and processed:

• All coupons, which have the next coupon, date within ex-days from today
• All confirmed calls, final maturities, series or quantity redemption activities, which are within, spot days from today
• Primary to secondary conversions for securities with primary date less than or equal to today
• Primary to secondary conversions for securities with primary date less than or equal to today
• Bonus/rights tear-off for securities for which the bonus tear-off date is less than or equal to today
• Warrants detachment for securities, for which the warrants detachment date is less than or equal to today
• Cash dividends for securities with dividend detachment date less than or equal to today
• End of trading is defined for securities, which are due for redemption or maturity

Deals, which were posted on the previous day with today’s date as the settlement date, will also be processes and settled. For all such deals the contingent entries are reversed and the money settlement, asset and liability, profit and loss booking is done.