5.3.5.1 Create Add-on Rate Rule

You create an Add-on Rate Rule to define Add-on Rate Methodologies for your products.

To create the Add-on Rate Rule:

1. From the LHS menu, select Assumption Specification, and then select Add-on Rate Rule.

   Figure 5-62 Add-On Rate Rule - Definition Mode

   
   

   

   
   
2. Select the Add-on Rate Type from the Add-on Rate Type Selection section.

   Figure 5-63 Add-On Rate Type Selection

   
   

   

   
   
3. Conditional Assumptions - The Conditional Assumption feature allows you to segregate your product portfolio based on common characteristics, such as Term to Maturity, Origination Date, and Repricing Frequency, and assign specific Add-on Rate Methodologies to each of the groupings.

   Figure 5-64 Conditional Assumption

   
   

   

   
   

   Note:

   If an instrument record does not meet any of the conditions, then the rule logic reverts to the Standard Assumption that is directly assigned to the Product/Currency combination.