Hi Ashok,
using 54A you are able to map interest calculation as requested above, as this instrument give you huge flexibility in defining your flows.
so you can define your cash flows like this (please ignore EUR as a currency):
a hint how to insert nominal interest flows - for the start it is enough to specify any amount, e.g. 1 and a correct payment date, in your case 01.01.2015 for the 1st interest flows. then you select icon 'Detail' and modify the definition, calculation from, to, base amount, interest, etc. - see an example below -, ending with icons 'Calculate pro rata' and 'Copy':
I totally agree, that there is a certain level of manual input in this process, though you have flexibility requested to define 3 installment amounts with different terms - 3 different interest rates and periods, so define your nominal interest flows in the following way:
- 1st installment - base amount of $25 mio from 1/1/2014 to 1/1/2015 with interest rate of 5%;
- 2nd installment - base amount of $35 mio from 1/1/2014 to 1/1/2016 with interest rate of 4%;
- 3rd installment - base amount of $40 mio from 1/1/2014 to 1/1/2017 with interest rate of 4.5%.
the big disadvantage of the next option of creating multiple IDs at FWZZ in my opinion is that you need to consolidate at some level these different ID's into one pool to have a clear view on the position outstanding. netting of interests and repayments is possible - see a tab 'Payment details' - a field 'Group(ing) determination' - though this is more tricky, as most probably you need to select 'All of a product cat(egory). can be grouped' - this again, leaves full control to a user how to group not necessarily in a way expected.
hope this will help you.
Kind regards,
Renatas