21 Prepayment Models

This module describes the procedure to build Prepayment Models. These Prepayment ModĀ­els can be referenced by a Prepayment Rule to Model Prepayment Behavior of instruments based on a range of instrument level attributes.

The Prepayment Model consists of the Prepayment Dimensions and the Bucket Values for these Dimensions. To define the Prepayment Model Structure, you can select a maximum of three prepayment dimensions. After the dimensions and the number of buckets (tiers) are defined, you need to assign values to the buckets.

The procedure for working with and managing Prepayment Models is similar to that of other Oracle Asset Liability Management business rules.

Topics: