Adding Debt Default Periods

In the Add Debt Default Periods/Inhibit Earnings panel, you can add a debt default period rule that indicates whether to process income when a security is in default. Income refers to both interest income and amortization/accretion.
You can also use the Add Debt Default Periods/Inhibit Earnings panel to disable accruals and leave amortization enabled for swaps when a swap contract is not actually in default.
To add debt default periods:

1. From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
2. Enter Add Debt Default Periods/Inhibit Earnings in the Start Search text box.
3. Click the Add Debt Default Periods/Inhibit Earnings (Accounting Center) link to access the panel.

You see the Add Debt Default Periods/Inhibit Earnings panel.

1. Complete the options on the Add Debt Default Periods/Inhibit Earnings panel.
2. Add additional debt default period rules using the pane that appears on the bottom of the Add Debt Default Periods/Inhibit Earnings panel, as follows:
   • Click the lower pane.
   • Right-click and select Add Rows.
   • Enter the number of rows you want to add in the Enter Rows Count dialog box and click OK. You need to add a row for each additional rule you want to add.
   • Complete the fields on each row you added.
3. Click Submit.