The following table illustrates the ISTAR Refresh/Valuation derivation for bond characteristic codes.
Value |
Derivation |
|---|---|
1 |
If DB% and Call Flag = "Y" and Make Whole Call Flag = "Y" |
2 |
If DB% and Call Flag = "Y" and No values in the call schedule are below par value |
3 |
If DB% and Call Flag = "Y" and there are values in the call schedule below par value |
6 |
If Processing Security Type = "DBFBIO" |
8 |
If Processing Security Type like "DB%" and Mandatory Convertible Flag (10354) = "Y" |
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