29.2.1.3 Forecast Rates

Interest Rate Forecast Methods: In the case of an ADCo IRC forecast, while defining using Direct Input, the 'Show 360 months Buckets' check box is shown ONLY if the BSP_ADCO function is mapped to the user.

• By default, the check box is unchecked (or the check box is not shown), and the UI continues to display its existing behavior.
• If the user checks the box, then the UI shows 360 month rows and the date display follows the MMM-YYYY format.

Forecasting the 7 indices is similar to forecasting the 2 years and 10 year rate IRCs having term points as 2 years and 10 years.

Economic Indicator (EI) Forecast Methods: The UI has a similar behavior for the EI forecasting method selection of “Direct Input”. But UI checks for the National HPI Selection in Application Preferences. In the BSP Process screen, UI shows the audit options for ADCo, ONLY if the BSP_ADCO function is mapped to the user. Forecasting the NHPI is an optional step.