A.4.2 SR Repo with Fixed Discounted Interest

The preferences set for this product are as follows:

• The payment type for this product is of Discounted type
• Forward dating is allowed for the product.
• Brokerage is not payable

BOOK: Booking a Repo with fixed discounted interest

The following are the accounting entries:

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
CHARGEXP	CHARG	Debit
CUSTOMER	CHARG	Credit
FWDLIABGL	PRINCIPAL_FWD	Credit
FWDLIABOFF	PRINCIPAL_FWD	Debit
BROKEXP	BROKAMT	Debit
BROKPAY	BROKAMT	Credit

The following are the Advices entries:

Advices

Advice Name	Description
MMBRKCON	Broker Confirmation
MM_DEAL_SLIP	Deal Slip
SWIFT_MESSAGE	MT320, MT330, MT335, MT350
MMCONDEP	SR Repo Confirmation

INIT: Initiation of a Repo with fixed discounted Interest

The following are the accounting entries:

Initiation of a Repo with fixed discounted Interest

Accounting Role	Amount Tag	Dr./Cr. Indicator
Taxcomp_PAY	Taxcomp_AMT	Credit
CUSTOMER	Taxcomp_AMT	Debit
CUSTOMER	Taxcomp_AMT	Debit
Taxcomp_PAY	Taxcomp_AMT	Credit
INTERPIA	INTER_LIQD	Debit
CUSTOMER	INTER_LIQD	Credit
LIABGL	PRINCIPAL	Credit
CUSTOMER	PRINCIPAL	Debit
FWDLIABGL	PRINCIPAL_FWD	Debit
FWDLIABOFF	PRINCIPAL_FWD	Credit

The following are the advices:

Advices - Payment Message

Advice Name	Description
MM_CONT_ADV	Contract Advice

LIQD: Liquidation

This topic provides the details of liquidation - accounting entries.

Accounting entries

Accounting Role	Amount tag	Dr./Cr.Indicator
LIABGL	PRINCIPAL_LIQD	Debit
CUSTOMER	PRINCIPAL_LIQD	Credit
CUSTOMER	INTER_LIQD	Credit
INTPIA	INTER_LIQD	Debit

The following are the advices entries:

Advice Name	Description
SWIFT_MESSAGE	MT320, MT330, MT335, MT350
PAYMENT_MESSAGE	Payment Message
LIQDNOTC	Liquidation Notice

VABM: Value Dated Amendment Booking

There are no accounting entries.

The following are the advices:

Advices

Advice Name	Description
MMAMDADV	Amendment Advice

VAMI: Value Dated Amendment Initiation

There are no accounting entries.

The following are the advices:

Advices

Advice Name	Description
SWIFT_MESSAGE	MT320, MT330, MT335, MT350

CAMD: Amendment

There are no accounting entries.

The following are the advices:

Advices

Advice Name	Description
SWIFT_MESSAGE	MT320, MT330, MT335, MT350

REVN: Rate Revision

There are no accounting and advices entries.

ROLL: Contract Rollover

The following are the accounting entries:

Accounting Entires

Accounting Role	Amount Tag	Dr./Cr. Indicator
CUSTOMER	INTER_LIQD	Credit
INTERPIA	INTER_LIQD	Debit
LIABGL	PRINCIPAL_LIQD	Debit
CUSTOMER	PRINCIPAL_LIQD	Credit

The following are the advices:

Advices

Advice Name	Description
SWIFT_MESSAGE	MT320, MT330, MT335, MT350
MM_ROLL_ADV	Rollover Advice

CMPY

The Following are the accounting entries:

Table A-10 Accounting Entries

Event	Accounting Role	Amount Tag	Dr/Cr
CMPY	CUSTOMER_AC (Margin AC)	TXN_AMOUNT	Dr
	CUST_AC_OFFSET (NOSTRO)	TXN_AMOUNT_EQ	Cr
CMRV	CUST_AC_OFFSET (NOSTRO)	TXN_AMOUNT	Dr
	CUSTOMER_AC (Margin AC)	TXN_AMOUNT_EQ	Cr