1.2 Product Code- AFSP
AFSP- Allowed for sale portfolio
Bank portfolio features are parametrized with the following features.
Synopsis
- Acquisition cost is calculated at the portfolio level
- Premium and discount is amortized at portfolio level
- Instrument is revalued having different revaluation method at portfolio
Detailed Coverage
ASFP portfolio covers the following features:
- External revaluation
- Amortization of Premium and discount
- WAC Costing Method
- Redemption type Quantity
- Auto liquidation for corporate action
- Short position allowed
- Contra holding validation online
Events Covered
The events covered in the Product AFSP is explained in the below table:
Table 1-1 Events Covered in AFSP
Events Covered | Terminology |
---|---|
ACRD | Accrual of Sec. Discount Earned |
ACRP | Accrual of Sec. Premium Paid |
BRVL | Securities Revaluation of Positions |
CANG | Corporate Action Notice Generation |
CBPS | Con. Booking for Spot Purchases |
CBSS | Con. Booking for Spot Sales |
CPCD | Coupon Collection |
CPIN | Coupon Init |
CPLQ | Coupon Liqd |
EXRR | Credit Derivative External Revaluation Reversal |
EXRV | Credit Derivative External Revaluation |
IACR | Securities Coupon Premium Accrual |
RRVL | Securities Reversal of Revaluation |
SPLP | Sec. Purchase from Long Position |
SPSP | Sec. Purchase from Short Position |
SSLP | Sec. Sale from Long Position |
SSSP | Sec. Sale from Short Position |
Special/Other Features
User can define tax and brokerage components for the deals.
Advices Supported
Payment Messages
Additional information (ex. UDF & Other Special Maintenance)
In case, Bank wants to capture some other details about the deal or the parties involved, the same could be customized by way of using UDF option available at various screens.
- Branch Parameter
- Messaging Parameter
- Local Holidays
- Security Batch Maintenance
- Market code and price maintenance
- SK Location Maintenance
- Tax scheme class
Parent topic: Product Catalog- Treasury CD Instrument