6.5.3 Date Management

The system now uses a day-based method to adjust financial dates during stress testing. This change ensures accurate results, even when date shifts include partial months or end-of-month scenarios.

Depending on the Maintain Constant Maturity/Date Profile setting, the number of days added to each date is calculated as follows:

• If set to No:

  The date is adjusted by the difference in days between the Pseudo Date and the Projected FIC MIS Date.

• If set to Yes:

  The date adjustment depends on whether the original date is after the Reference Date:

This logic applies to all relevant financial dates, such as Maturity Date, Cashflow Date, and Observation Date, as defined under the DATEMANAGEMENT glossary term.

It improves accuracy and consistency across different scenario types by eliminating rounding errors from older month-based calculations.