1. Securities Repo User Guide
  2. Overview of Repo
  3. Rate Fixing Process for Repo
  4. Treasury Manual Rate Fixing Maintenance

2.16.1 Treasury Manual Rate Fixing Maintenance

Use the Treasury Manual Rate Fixing to fetch the contracts which require rate fixing and also apply the rate fix on the selected float rate type contracts having the fixing date as the primary search criteria to query deals.

  1. On the homepage, type TRDMRTFX in the text box, and click the next arrow.

    Treasury Manual Rate Fixing screen is displayed.

    Figure 2-57 Treasury Manual Rate Fixing

    Description of Figure 2-57 follows
    Description of "Figure 2-57 Treasury Manual Rate Fixing"
  2. On the Treasury Manual Rate Fixing screen, specify the details as required.

    Note:

    A scheduler job, TR_RTFX_UPLOAD is defined and scheduled to pick rate fixed records from the external system.

    For information on fields, see the below table

    Table 2-55 Treasury Manual Rate Fixing- Field Description

    Field Description

    Rate Fixing Reference Number

    This is a Mandatory Field.

    The system generates the reference number for rate fixing.

    Branch Code

    This is a Mandatory Field.

    Specify the Branch code as per the requirement.

    Rate Code

    Specify the Rate code from the list of values displayed.

    Rate Fixing Date

    This is a Mandatory Field.

    Specify the Rate fixing date as per the requirement.

    Source System

    Specify the Source System as per the requirement.

    Module Code

    This is a Mandatory Field. Specify the Module code from the list of values displayed.

    Currency

    Specify the Currency details as required from the list of values displayed.

    Note:

    The rate fixed contracts having status Authorized or Unauthorized is not listed here.

    Contract Reference

    Displays the contract reference number for which rate fixing is done

    Component

    Displays the interest component

    Rate Code

    Displays the rate code for which rate fixing is done

    Currency

    Displays the rate code currency

    Rate

    Displays the floating rate

    Spread

    Defaults the rate code spread from contract

    Customer Margin

    Displays customer margin from product

    Effective Rate

    Displays the effective interest rate

    Rate Fixing Date

    Displays the rate fixing date

    Effective Date

    Displays the effective date
    • The user has an option to process the rate fixing for the specific modules or specific rate code; all rate code; specific currency or all currency; specific branch or all branches.
    • Rate fixing for the first interest period below the trade date of the transaction can be handled.
    • Once all the details are provided the and the user click on Fetch, the contracts pending for rate fixing are fetched based on the conditions mentioned in the deal details field.
    • For the contracts once rate fixing is applied, the same contract is not fetch again.
    • The Final Effective rate is derived from the Rate, Spread, and Customer Margin.
    • The Rate fixing event is triggered on authorization of the record.
    • The confirmation message is generated for the contract (if applicable).
    • The Rate fixing on back dated dates is supported from this screen, if rates are available.
    • In case of a forward movement, rate is fixed after the effective date and interest catch up entries are posted during EOD processing.
    • On Batch Processing, the Rate fixing event is processed on fixing date, only if the effective date floating rates are available. If rates are not available during processing, rate fixing event is skipped.

    This topic has the following topics:

Parent topic: Rate Fixing Process for Repo