As with all debt securities, the sinking fund security's First and Last Coupon Date need to be in sync, based on the Payment Frequency of the bond. Eagle Accounting determines that a bond is a sinking fund when the Sink Flag field (tag 1780) is set to Yes (see the second to last field in the following table).
You can use the Pro Rata Sink field (tag 11304) to correctly identify Pro Rata sinking fund securities. In Issue Viewer, this appear in the Long Term Debt panel. The values for this field are Yes and No (see last field in the following list). The Pro Rata Sink field becomes available after you set the Sink Flag field to Yes. Eagle Accounting uses this field in conjunction with two options at the entity/accounting basis level to determine whether Eagle Accounting should process the sinking fund using the capitalization method.
Option | Value |
|---|---|
Long Term Debt Identification | |
Issue Name | ATA AIRLINES INC |
Issue Description | |
Ticker | |
CUSIP/SEDOL Check Digit Control Flag | Generate Check Digit |
Primary Asset ID Type | CUSIP |
Primary Asset ID | 030287AL0 |
Alt Asset ID Type | |
Alt Asset ID | |
Long Term Debt Xreference Identification | |
ISIN | US030287AL06 |
Sedol | |
Reuters | |
Bloomberg ID | DD0129344 |
SICOVM | |
Valoren | |
CEDEL | |
INTERNAL | |
CINS | |
XREF Exchange | NYSE |
Long Term Debt Details | |
Investment Type | FI |
Processing Security Type | DBIBFD (Interest Bearing Debt Instrument) |
Security Type | PRIV PLACEMENT (PRIV PLACEMENT) |
Sub Security Type | |
Quantity Type | PAR |
Price Multiplier | 0.0100 |
Quantity Scale | 1.00 |
Country Of Risk | UNITED STATES |
Country Of Risk Code | US (UNITED STATES) |
Issue Country | UNITED STATES |
Issue Country Code | US (UNITED STATES) |
Asset Currency | USD |
Settlement Currency | USD |
Income Currency | USD |
Issue Tax Type | STANDARD |
Primary Exchange | NEW YORK STOCK EXCHANGE |
Primary Exchange Code | NYSE (NEW YORK STOCK EXCHANGE) |
Region | |
State Code | |
Amount Issued | 18,153.0000 |
Amount Outstanding | 181.7400 |
Muni Industry Classification | |
SIC Code | |
Long Term Debt Coupon Periods | |
Coupon | 7.460000 |
Coupon Type Code | Fixed Rate |
Day Count Basis | 30/360 |
Payment Frequency | Quarterly |
Payment Frequency Code | 3_M |
Business Day Convention | |
Day of Month Override | |
Interest Payment Timing | |
Long Term Debt Dates | |
Issue Price | 100.00000000 |
Issue Date | 19971223 |
Dated Date | 19971223 |
First Coupon Date | 19980115 |
Last Coupon Date | 20040115 |
Maturity Date | 20040715 |
Maturity Price | 100.00 |
Long Term Debt Flags | |
Trading Flat | No |
Zero Coupon Indicator | No |
OID Indicator | No |
Convertible Indicator | No |
Call Flag | No |
Put Flag | No |
Sink Flag | Yes |
Pro Rata Sink | Yes |
0 Comments