1. Cash Flow Engine Reference Guide
  2. Cash Flow Dictionary
  3. Cash Flow Columns
  4. Remaining Number of Payments (REMAIN_NO_PMTS_C)
  5. Data Verification Requirements and Suggested Defaults

8.2.128.3 Data Verification Requirements and Suggested Defaults

  • REMAIN_NO_PMTS_C >= 1.
  • If REMAIN_NO_PMTS_C = 0, record is invalid.
  • If REMAIN_NO_PMTS_C = 1, NEXT_PAYMENT_DATE = MATURITY_DATE.
    1. If REMAIN_NO_PMTS_C > 1, NEXT_PAYMENT_DATE < MATURITY_DATE.
    2. Generally:

      REMAIN_NO_PMTS_C * PMT_FREQ <= ORG_TERM * ORG_TERM_MULT. MATURITY_DATE <= NEXT_PAYMENT_DATE + (REMAIN_NO_PMTS_ C * PMT_FREQ).

  • For Behavior Pattern Instruments, REMAIN_NO_PMT_C should equal the number of payments (tenors) specified in the Behavior Pattern.
  • For non-term accounts (Other Assets, Other Liabilities, and so on), REMAIN_NO_PMTS_C = 1.
  • The maximum number of payment and repricing events that can be modeled cannot exceed 16000. REMAIN_NO_PMTS_C + (REMAIN_TERM_C (in days)) / (REPRICE_FREQ (in days)) > 16000.