9.5 Tenor Details
This topic describes the tenor details.
Specify tenor details for the Security Preference Class being defined. The tenor can be in terms of:
- Days
- Months
- Years
Securities maintained under a product should adhere to the minimum and maximum tenor limits that you specify here. For example, if you specify the tenor in Days, specify the Minimum Tenor as 2, and the Maximum Tenor as 100, the system ensures that the period between the Issue Date and the Redemption Date does not exceed 100 days.
This topic has the following sub-topic: