11.2.5 Rate Index Calculation from Monte Carlo Rate Paths

In the Stochastic Rate Index Assumption Rule users select an IRC as their valuation curve. For each currency, formulas are applied to the yields forecasted from the valuation curve for the Monte Carlo process. The formula for each additional IRC must exist in the Stochastic Rate Index Assumption Rule. The formulas are applied during processing when one of the additional IRCs is required for pricing new business or repricing existing business.