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Re: Security Class data Interest Flows

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Dear Ashok,

 

this is the standard system behaviour:

if the calculation date of the final repayment falls into an interest period, the calculation

period is shortened (-> here: two days), but the due date stays on the planned date from

the interest condition, which could be later than the final repayment date.

 

If you do not want to generate interest for this last 'broken' period, please enter the condition detail for the interest condition, tab 'Dates' and set the field 'Last Period' to 'Do Not Include'.

 

Best regards,

Marie


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