18.2.3.7 Define Inflation Adjustment Attributes Secondary Tab

When the Inflation Indexed Instrument check box is selected on the Define Core Product Attributes secondary tab, the Define Inflation Adjustment Attributes secondary tab is enabled. For more information on Inflation Indexed Instrument calculation, see the Oracle Financial Services Cash Flow Engine Reference Guide.

NOTE:

Note:

The Define Inflation Adjustment Attributes secondary tab will be enabled if the Adjustment Type is selected as Conventional Adjust, Conventional Fixed, Level principal, or Non-Amortizing.

Figure 18-9 Define Inflation Adjustment Attributes secondary tab to define the Product Characteristic Rule


Define Inflation Adjustment Attributes secondary tab to define the Product Characteristic Rule

Table 18-10 Fields to add the Index Adjustment attributes for New Businesses and their Descriptions

Field Behavior
Index Name Lists all Economic Indicator defined through the user interface.
Capital Protection Category

Determines Capital protection to be provided to Inflation Indexed Instruments. The choices are:

No Floor: No Floor does not provide any downside protection.

Floor of 1: Floor of 1 protects the downside movement.

Max during Life: Max during life gives maximum advantage using maximum Index factor for calculation.

Index Adjustment Type

Determines the type of Index Adjustment. The choices are:

Principal and Interest

Principal Only

Interest Only

Note:

For more information on cash flow calculations associated with Inflation Indexed Instrument, see the Oracle Financial Services Cash Flow Engine Reference Guide .