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Re: TPM1 Valuation Error

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What does the Position Management procedure (PMP) for the transaction look like? TPM57A or Environment-Position Indicator from within FTR_EDIT?

 

Typical steps in PMP would be Amortization, Foreign currency valuation and Security Price valuation; you could have Impairments etc. too. 1 or more steps may be applicable.

 

In FTR_EDIT, if your Payment amount is different than the Nominal amount, then the difference should be amortized thru TPM1 (provided you have Amortization step in your PMP).

 

Similarly, if it is a Foreign currency bond, then Foreign currency valuation will take place thru TPM1. If it is a Listed bond, you can maintain price for your valuation date and Security price valuation can take place thru TPM1.

 

Let us know of questions.

 

--

Mani


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