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Re: Variable drawable bond issue need accrued interest to pay for installment repayment portion only

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Hi Alex,

 

I had just started to look at this part of configuration when I got your email.  I made the change; however, I think I might need some additional setting changes in configuration as it is still showing all interest due 9/1/2015 in our test system?

Cash flow for security:

Var Rate Interest - one condition - with immediate.png

FWZZ - One condition for 8/3/2015 to 9/1/2015:

 

Below are the changes that I made to configuration:

Var Rate Interest - Condition 301.pngVar Rate Interest - Condition 309.pngVar Rate Interest - Condition 311.png

Initially, I changed just the condition for variable rate interest.  Then when it did not work, I changed two additional conditions to immediate settlement that were related.  The original setting for all of these was settlement according to condition. 

 

If I create two conditions at FWZZ for the time period in question, the system will create a payment for 8/17/2015 (next working date) for the interest.  The problem of course is that payment is the interest related to full the $75M and not just the $1.5M.

FWZZ with two conditions:

Var Rate Interest - separate condition - fwzz.png

Cash flow for the two conditions:

Var Rate Interest - separate condition - too much.png

 

Kind regards,

Lisa


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