Mexican Title Bonds (CETES)
Best Practices Guide
Last Update: 5/21/2013
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OVERVIEW
This document applies to all releases of Eagle software V11.1 and above. Version-dependent functionality is noted with the initial release(s) it became available.
Eagle Accounting supports end-to-end processing of Mexican Title Bonds (CETES). This document covers the details of security setup and processing in Accounting.
REFERENCE DATA
Mexican CETES should be setup as Short Term Debt using Issue Viewer or Security Reference Manager > Add > Short Term Debt. Below are specific reference data configurations.
Field Name | Tag # | Input Value | |
Issue Name | 961 | ||
Primary Asset ID Type | 1432 | ||
Primary Asset ID | 14 | ||
Processing Security Type | 3931 | DBDCST | |
Price Multiplier | 18 | 1.0000 | |
Issue Country Code | 1418 |
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Asset Currency | 85 |
| |
Settlement Currency | 63 | ||
Income Currency | 1186 |
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Primary Exchange Code | 17 |
| |
Coupon Type Code | 97 | F (Fixed) | |
Day Count Basis | 471 |
| |
Payment Frequency Code | 472 | MAT | |
Issue Price | 69 | ||
Issue Date | 68 |
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Dated Date | 1183 |
| |
First Coupon Date | 473 | ||
Last Coupon Date | 474 |
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Maturity Date | 38 |
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Maturity Price | 42 | ||
OID Indicator | 218 | No | |
Zero Coupon Indicator | 1300 | Yes |
TRADE PROCESSING
Trades should be processed using the Book Trade module. The required fields for processing Mexican CETES trades are listed below:
Field Name | Tag # |
Trade Date | 35 |
Accounting Date | 36 |
Settlement Date | 37 |
Issue Name | 961 |
Cross Reference ID | 1233 |
Par Value | 40 |
Price per $100 of Par Value | 45 |
Settlement Currency | 63 |
Auto Settle Trade Indicator | 58 |
Broker Name | 1235 |
Broker Code | 88 |
ACCOUNTING
Once a Mexican CETES position has been established it will follow all core Eagle Accounting processes.
SUPPLEMENTAL DOCUMENTATION
See attached files for:
- Bloomberg DES screen (Mexican CETES BB DES.gif)
- Bloomberg BXT screen (Mexican CETES BB BXT.gif)
- Sample security setup and trade in Eagle (Mexican CETES Example.xlsx)
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