Generate a Swap Reset Schedule

In the Generate Swap Reset Schedule panel, you can use Eagle Accounting to add the Coupon/Reset type schedule for a swap. The system identifies the reset dates, fixing dates, valuation dates, and cash payment dates, as appropriate, for the legs of total return swaps. Once the Coupon/Reset schedule is available, the system can use it when you reset the swap using global Reset Total Return Swap process. 

After the system generates a swap reset schedule, you can manually add or change the dates that comprise the coupon/reset schedule. You can use Reference Data Center or the Add/Change Schedule panels in Issue Viewer to create or edit a schedule. If you change a coupon/reset schedule after the system generates the schedule, the global Reset Total Return Swap process and the Earnings process can then use the schedule dates you provide.

To add a swap reset schedule:

1. Do one of the following:  
   - In Reference Data Center, in the left navigation pane, click Reference Desk > Securities > Swap Schedules > Generate Swap Reset Schedule. 
   - In Accounting Center, in the left navigation pane, click Setup > Securities > Manage Securities > Issue Viewer > Schedules > Generate Swap Reset Schedule.
   You see the Generate Swap Reset Schedule panel.

2. Complete the options on the Generate Swap Reset Schedule panel to identify the security associated with the swap leg for which you are adding a reset schedule.

3. Click Submit.
   The system creates a swap reset schedule with a Schedule Type of Coupon/Reset. In Issue Viewer, you can use the List Schedule panel to review the schedule entries, and can use the Change Schedule panel if you need to override any dates in the reset schedule.

Generate Swap Reset Schedule Panel Options

The following are the key fields in the Generate Swap Reset Schedule panel for adding a reset schedule for a leg of a swap.