Change Amortization Rule

In this example, you purchase a security in entity TaxDemo2 with a Trade Date and Settle Date on 20140401; Par is 1,000,000.00, the Price is 99.00.and has been accrued to 20140406. A New Amortization Rule becomes effective, and the Amortization Method changes from Constant Yield 2 to Level Yield 2, retrospectively.
The following tables describe the security and the entity used for this example.

Security Master Information Option	Value
Issue Name	FI Issue Tax Type Change
Description	FI Issue Tax Type Demo
Ticker	FIITTD
Primary Asset ID	555555555
Processing Security Type	DBIBFD
Issue Date	20091015
Dated Date	20091015
First Coupon Date	20100415
Last Coupon Date	20180415
Maturity Date	20181015
Coupon Type Code	Fixed
Coupon Rate	5.00
Day Count Basis	30/360
Issue Country	United States
Payment Frequency	Monthly
Issue Tax Type	Standard
Primary Exchange	Boston

Entity Information Option	Value
Entity ID	TAXDEMO2
Portfolio Country	United States
Accrue Tax Indicator	Yes
Entity Tax Type	MF (Mutual Fund)
Entity Tax Qualifier	Level 1

Results. Eagle Accounting recalculates the amortization yield and retrospectively calculates where the amortization should be, life-to-date, based on the new Amortization Method. The result is an amortization delta change on 20140407, to bring Eagle Accounting in line based on the life-to-date amortization.
The resulting Income Archive appears in the following table.

Amort Method	Trade Date	Amortization Yield	Accounting Date		Amortization Delta	Amort Life-to-Date
CY2	Apr 01 2014	6.255626259859	Apr 01 2014	Apr 01 2014	7.67	7.67
CY2	Apr 02 2014	6.255626259859	Apr 02 2014	Apr 02 2014	7.67	15.34
CY2	Apr 03 2014	6.255626259859	Apr 03 2014	Apr 03 2014	7.67	23.01
CY2	Apr 04 2014	6.255626259859	Apr 04 2014	Apr 04 2014	7.67	30.68
CY2	Apr 05 2014	6.255626259859	Apr 05 2014	Apr 05 2014	7.67	38.35
CY2	Apr 06 2014	6.255626259859	Apr 06 2014	Apr 06 2014	7.67	46.02
LY2	Apr 07 2014	6.256489374660	Apr 07 2014	Apr 07 2014	-8.93	37.09

Example C

Change Amortization Rule