Page Comparison

Lookup Security Information

Client Specific CA ID

1695

Specifies the user-defined corporate action identifier.

Source Name

1102

Specifies the source name for the corporate action. Eagle Accounting uses this source to process factors in the Global Process corporate action panels. The default value is Eagle PACE.

Original Source Name

4003

Specifies the original source name for the security.

Asset ID Type

1432

Specifies the identification number of the primary asset ID type for the security. The lookup shows all established cross reference IDs with a processing security type (PST) of DBFBFB (Factor Based Debt Instrument), DBFBIO (Interest Only Factor Based Debt Instrument), DBFBPO (Principal Only Factor Based Debt Instrument), or DBFBTR (Trains)..

Asset ID

14

Specifies the primary asset identifier of the security.

Issue Name

961

Specifies the name of the security. The lookup shows all established cross references with a processing security type (PST) of DBFBFB (Factor Based Debt Instrument), DBFBIO (Interest Only Factor Based Debt Instrument), DBFBPO (Principal Only Factor Based Debt Instrument), or DBFBTR (Trains).

Maturity Date

38

Displays the date that the security repays all outstanding principal and stops earning interest. In the case of MBS/ABS securities, the value in the Maturity Date field should not include Delay Days.

Coupon Type Code

97

Displays the type of coupon associated with the security.

Delay Days

1799

Displays the number of days between the end of the accrual period and the actual receipt of the coupon and principal payment.

Accounting Details

Trans Type

1257

This hidden field displays the transaction type that the system uses to process the transaction. For example, FACTOR.

Sweep Date

1197

Specifies the date that the global processes use to extract the corporate action for processing at the global level and apply it to eligible entities/holdings.

Effective Date

65

Specifies the effective Date of the factor. This date becomes the trade date of the paydown/payup.

NOTE: Eagle Accounting does not support having the effective/trade date of paydowns and coupons occur on different days. Ensure that the factor Effective Date and the corresponding Valid Coupon Date value match.

Valid Coupon Date

882

Displays the valid coupon date.

Pay Date

1275

Displays the date when the issuing company makes payment on the corporate action announcement.

Corporate Action Status

54

Indicates if the corporate action is correct and ready for processing. Options include:

• Incomplete. The record is not confirmed to be correct, or is not confirmed.

• Pending. The record is fully populated and is awaiting release status.

• Released. The record is complete and is ready for processing.

• Completed. The record was processed through a global process.

Corporate Action Sub Priority

3961

Determines the order in which to process the corporate action when multiple corporate actions have the same Effective Date. Corporate action priority is from low to high; that is, an event with a corporate action priority of 1 is processed prior to an event with a corporate action priority of 10. The default value is 1.

Mandatory/Voluntary Indicator

1734

Indicates whether the corporate action is mandatory or voluntary. A mandatory corporate action is required by the issuer and applies to all entities. A voluntary corporate action is at the decision of the holder of the securities, or the issuer requires the action but there are different accounting options available to the holder of the security. You must select Mandatory for a final factor.

Factor Details

Factor Rate

1696

Specifies the actual factor to use for paydown processing.

Principal Loss Factor

2926

Specifies the loss factor used to calculate the principal write down or write up. The loss factor is based on the loss amount divided by the original face. The loss factor is positive for a writedown and negative for a writeup. If you enter a value of zero or leave this field blank, the paydown/payup follows the normal process where Eagle Accounting treats the portion of a paydown that is the result of a loss (write down) at a price of zero. Processing for the loss factor depends on how you set the Principal Loss on Paydown Processing Flag field (tag 2925) at the entity level. Options include:

• Accelerated Amortization. Eagle Accounting reduces the cost of the position by the total reduction of shares. The offset to cost is accelerated amortization.

• Realized Gain/Loss. Eagle Accounting treats the portion of a paydown that is the result of a loss (write down) at a price of zero. The principal loss factor is zero.

• Share Adjustment. Eagle Accounting treats the portion of paydown that is a result of a loss (write down) as a share adjustment (increase or decrease) and does not adjust cost for the loss portion.

Corporate Action Type

1728

Indicates the business name of the corporate action. The only valid value for a final factor is Factor.

Corporate Action Notes

1740

Specifies user-defined information about the corporate action.

Paydown Trade Flat

16994

Determines if traded interest is calculated on the closed quantity of a paydown. This allows for the final factor to be processed on a day other than the maturity date. Options include:

•  Yes. Default. There is no traded interest on the paydown and the security continues to earn zero on the closed quantity through cash payment date.

•  No. There is traded interest on the paydown, which is reflected on the ledger and in cash.

This election is similar to the Trading Flat (tag 3949) option on the security master. The difference is that the Trading Flat flag at the security master applies to all trades and the Paydown Trade Flat election applies to paydown events.