HI Rohit,
May be its very basic but can you please explain how this will be useful in the below case.
Ex:
Say, I create a forward contract on 01.12.2012 for USD/INR with maturity as 31.03.2013
For amount = USD 10000 at Spot rate of Rs.50 + Swap rate = Rs.2 = forward rate = Rs.52
I have not maintained the swap rates in AT15.
The system throws a warning message that the swap rates are not maintained.
If I don't maintain the swap rates in AT15, while doing TPM1, the system values at the rate which I have given as swap rate i.e.Rs.2
Now my question is, when the system is valuating the contract at the swap rate which I have specified, then what is the significance of the rate maintained in AT15?
If I maintain a swap rate in AT15 for USD/INR for 120 days, then should I not enter the swap rate while creating the contract and just specify the Spot rate as Rs.52 (which is my forward rate)?
I can have many contracts with difference swap rates within the same maturity date, so in that case how will the system behave? How should I maintain the rates in AT15?
Thanks,
Kamal