5.1.20 Bonds with Embedded Options

Floating Rate or Adjustable Rate Instruments are not supported in Bonds with Embedded Options. In case the user gives embedded options for a floating rate instrument, embedded options would be ignored and the instrument would be treated as a normal bond.

Amortization = 700 (Non amortizing or bullet bond) is the only amortization type supported.

New business through Product Characteristics is not supported for bonds with embedded options.