5.2.2.1 Navigating Between Interest Rate Code Tabs

For new yield curves, you must begin with the Attributes tab. After you have selected attributes for a yield curve, you cannot edit them. After assigning the attributes, navigate to the Terms tab to define a term structure for your yield curve or volatility curve, that is, an overnight rate, a one-month rate, a three-month rate, and so on. To navigate to the Terms tab, either click Apply on the Attribute tab or click the Terms tab.

Note:

You must specify an Interest Rate Code, Name, and Reference Currency in the Interest Rate Code Details window before navigate to the Terms tab.

The first time you navigate to the Terms tab, an initial 1-month term point is provided, but even if this is the only term point you want for the curve, you must click Apply to finish the term structure specification. In future revisions to the curve's definition, navigate directly to the Historical Rates tab, but if you modify the term structure, you must always click Apply on the Term tab before navigating to the Historical Rates tab. The Historical Rates tab is used to input interest rate or volatility data. This tab is used for maintaining the interest rates database. To navigate to the Historical Rates tab, either click Apply on the Terms tab or select the Historical Rates tab if you have already defined your term structure.

Note:

You must specify the following before navigating to the Historical Rates tab:

• An Interest Rate Code, Name, and Reference Currency in the Interest Rate Code Details window.
• A term structure in the Terms tab.