1. Cash Flow Engine Reference Guide
  2. Cash Flow Dictionary
  3. Cash Flow Columns
  4. Last Payment Date (LAST_PAYMENT_DATE)
  5. Data Verification Requirements and Suggested Defaults

8.2.67.3 Data Verification Requirements and Suggested Defaults

  • Default to NEXT_PAYMENT_DATE - PMT_FREQ if actual LAST_PAYMENT_ DATE is not available.
  • LAST_PAYMENT_DATE < NEXT_PAYMENT_DATE
  • If ORIGINATION_DATE > AS_OF_DATE, LAST_PAYMENT_DATE = ORIGINATION_DATE.
  • If ORIGINATION_DATE <= AS_OF_DATE, LAST_PAYMENT_DATE >= ORIGINATION_DATE.
  • If INT_TYPE = 2 and ORIGINATION_DATE > AS_OF_DATE, NEXT_ PAYMENT_DATE and LAST_PAYMENT_DATE = ORIGINATION_DATE. (e.g. for FRA's).