5 Interest Rate Curve

The quality and availability of Interest Rate information vary throughout the world. In many markets, gathering comprehensive rate information is a challenge because of insufficient security types, inconsistent quoting conventions, and lack of liquidity. The Interest Rate Curve in Cloud Service allows you to define and manage complex Yield Curve definitions using multiple Rate Formats and other Rate Attributes to give you data storage capabilities appropriate to your market. The Interest Rate Curve supports the creation and maintenance of Historical Rate Data for each Yield Curve you define.

Historical Interest Rate Data is utilized in the Cloud Service to generate the Transfer Rates, add-On Rates, Discount rates for market value calculations, Option Costs, and Forecasted Interest Rate Scenarios.

Navigate to Reference Data, and then select Interest Rates to display the Interest Rate Curves Summary Page.

Figure 5-1 Interest Rate Curves Summary Page