1. Cash Flow Engine Reference Guide
  2. Rate Conversion
  3. Rate Format Usage
  4. Scenario-based Forecast Rates
  5. Change From Base

11.2.1.4 Change From Base

For a change from the base, the user defines a shock to the rate forecast from another scenario, the base scenario. At runtime and display time, the system must first calculate the base scenario rate and then apply the shock to the rate forecast. No conversion is applied before the rate is passed to the Cash Flow Engine.