Manage Earnings Time Periods
The effective date for changes to a security's underlying index or index offset starts on the reset date. The effective date for changes to the day count basis, coupon, coupon type, or payment frequency starts on the coupon date. If a security has multiple changes to its index and index offset that share the same coupon period, the earning's process treats each earnings time period as a quasi coupon period. The system adds each of the quasi accrual periods together to create the coupon for the entire coupon period.
Add SMF Earnings Time Period
To add an SMF earnings time period:
- From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
- Enter Issue Viewer in the Start Search text box.
- Click the Issue Viewer link to access the tool.
You see the Issue Viewer tool. - In the left navigation, double click SMF Earning Time Period and Add SMF Earnings Time Period.
You see the Add SMF Earnings Time Period panel. - Complete the options on the Add SMF Earnings Time Period panel.
- Click Submit.
Change SMF Earnings Time Period
To change an SMF earnings time period:
- From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
- Enter Issue Viewer in the Start Search text box.
- Click the Issue Viewer link to access the tool.
You see the Issue Viewer tool. - In the left navigation, double click SMF Earning Time Period and Change SMF Earnings Time Period.
You see the Change SMF Earnings Time Period panel. - Change the options on the Change SMF Earnings Time Period panel.
- Click Submit.
Delete SMF Earnings Time Period
To delete an SMF earnings time period:
- From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
- Enter Issue Viewer in the Start Search text box.
- Click the Issue Viewer link to access the tool.
You see the Issue Viewer tool. - In the left navigation, double click SMF Earning Time Period and Delete SMF Earnings Time Period.
You see the Delete SMF Earnings Time Period panel. - Complete the options on the Delete SMF Earnings Time Period panel.
- Click Submit.
Add SMF Earnings Time Period Panel Options
The following are the options in the Add SMF Earnings Time Period panel.
Option | Tag | Description |
---|---|---|
Lookup Security | ||
Asset ID Type | 1432 | Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL. |
Asset ID | 14 | Specifies the identification number of the primary asset ID type for the security. |
Issue Name | 961 | Specifies the name of the security. |
Pool Number | Specifies the pool reference number of the mortgage or asset backed security. | |
Issue Date | 68 | Displays the date the security was issued. |
Maturity Date | 38 | Displays the date the final principal payment is due on the security. |
Time Sensitive Indicator | 11926 | Identifies whether the security uses floating rate data that changes over time. You must create SMF earnings time periods for securities when this value is Yes. |
SMF Earning Time Period | ||
Begin Date | 220 | Specifies the first day the earnings time period becomes effective. The beginning date corresponds to either a reset date for changes to an underlying index or index offset or coupon date for all other changes. |
End Date | 221 | Specifies the last effective day for the earnings time period. You can leave this value blank for the last entry for a security. |
Coupon | 70 | Specifies the rate at which the security pays interest. It is expressed as an accrual rate. A value of zero is required for zero coupon bonds. |
Coupon Type Code | 97 | Indicates the type of coupon associated with the security. Options include:
|
Day Count Basis | 471 | Specifies the number of days assumed in a month or year when interest rates are quoted. |
Payment Frequency | 2287 | Specifies the frequency at which the debt instrument pays interest. |
Payment Frequency Code | 472 | Specifies the code that represents the payment frequency. |
Underlying Security ID | 1348 | Specifies the security identifier of the underlying security. |
Underlying Issue Name | 1141 | Specifies the issue name of the underlying security. |
Underlying Security Alias | 1347 | Specifies the asset identifier of the underlying security. |
Underlying Ticker | 1349 | Specifies the ticker of the underlying security. |
Index Offset | 215 | Specifies the basis point adjustment to the underlying index, for the purpose of calculating the coupon rate of a security. |