Add Accrual Factors
In the Add Accrual Factor panel, you can add one or more accrual factors for a security.
To add one or more accrual factors:
From the Reference Desk, in the left navigation pane, click Securities > Interest Accrual Factors > Add Accrual Factors.
You see the Add Accrual Factor panel.Under Security Details, select the security associated with the accrual factor.
You must identify the Source Name, Primary Asset ID, and Issue Name,Under Accrual Details, for each accrual factor you are adding, specify a value in the Effective Date box and enter an Interest Accrual Factor box value.
You must specify both values.To add additional accrual factors:
– Right-click the Accrual Details pane and select Add Rows.
– Enter the number of rows you want to add to the pane.
– Click OK.
– Complete the options on each row you added.Click Submit.
The system adds the accrual factors to the specified security.
Add Accrual Factor Panel Options
The following are the options in the Add Accrual Factor panel when you add one or more accrual factors for a security.
Option | Tag | Description |
|---|---|---|
Security Details | ||
Source Name | 1102 | Displays the source name for the accrual factors. The default value is EAGLE PACE. |
Primary Asset ID Type | 1432 | Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL. |
Primary Asset ID | 14 | Specifies the identification number for the security. |
Issue Name | 961 | Specifies the name of the security. |
Processing Security Type | 3931 | Displays the processing security type for the specified security. |
Maturity Date | 38 | Displays the date the final principal payment is due on the security. |
Accrual Details | ||
Effective Date | 1109 | Specifies the effective date of the accrual factor rate for the security. |
Interest Accrual Factor | 10943 | Specifies the accrual factor for the security. Accrual factors represent the period-to-date factor for a given effective date. The earnings processuses this factor to calculate the accrual ptd for a holding used to calculate the amount of interest payable for any given Interest Period. For more information, see Accrual Factor Calculation Examples. |
Edit Accrual Factors
In the Edit/Delete Accrual Factor panel, you can change an accrual factor for a security. You can change only the accrual factor value.
To edit an accrual factor:
From the Reference Desk, in the left navigation pane, click Securities > Interest Accrual Factors > Edit/Delete Accrual Factors.
You see the Edit/Delete Accrual Factor panel.Under Choose Option, set the Please Select Action list to Change Accrual Factor.
You must identify the Source Name, Primary Asset ID, and Issue Name,Under Change/Delete Accrual Factor, enter the query parameters to identify the security with the accrual factor you want to change.
Click Submit.
In the Show All tab, you see a list of accrual factors that meet the selection criteria.Select the check boxes for one or more accrual factor rows you want to change, and click Change Accrual Factor.
You see each accrual factor you selected in the Change Accrual Factor tab.Modify the records by changing the value for the Interest Accrual Factor field.
The effective date is part of the primary key and you cannot change it. If you need to change the effective date, you must delete the accrual factor and re-enter the accrual factor using the correct date.Click Submit.
Delete Accrual Factors
In the Edit/Delete Accrual Factor panel, you can delete an accrual factor for a security.
To delete an accrual factor:
From the Reference Desk, in the left navigation pane, click Securities > Interest Accrual Factors > Edit/Delete Accrual Factors.
You see the Edit/Delete Accrual Factor panel.Under Choose Option, set the Please Select Action list to Delete Accrual Factor.
Under Delete Accrual Factor, enter the query parameters to identify the security with the accrual factor you want to change.
You must specify the Primary Asset ID value.Click Submit.
In the Show All tab, you see a list of accrual factors that meet the selection criteria.Select the check boxes for one or more accrual factor rows you want to delete, and click Delete Accrual Factor.
You see each accrual factor you selected in the Delete Accrual Factor tab.Review the accrual factors that you plan to delete.
You can view the Source Name, Primary Asset ID Type, Primary Asset ID, Effective Date, and Interest Accrual Factor values for each accrual factor, but you cannot change them.Click Submit.
List Accrual Factors
In the List Accrual Factor panel, you can view one or more accrual factors for a security. You can view the security’s accrual factors for a specified date range.
To list accrual factors:
From the Reference Desk, in the left navigation pane, click Securities > Interest Accrual Factors > List Accrual Factors.
You see the List Accrual Factor panel.Complete the options on the List Accrual Factor panel.
For example, enter the query parameters to identify the accrual factors you want to view.Click Submit.