Swap Unscheduled/Ad Hoc Resets Processing Notes

Example: resets occur on the last day of each month (ignoring non-business days) - 1/31/16, 2/29/16, 3/31/16, etc. - and a reset is required on 3/13/16.

1. The full schedule must be generated prior to adding the new period

2. Open Change Schedule

   1. Query for one leg of the TRS

   2. Select the row with the closest following End Date and click Change Schedule Record(s)

      1. Example: row with Effective Date = 2/29/16 and End Date = 3/31/16

   3. Set End Date = new reset date and click Submit

      1. Example: End Date = 3/13/16

3. Open Add Schedule

   1. Query for the same leg as above

   2. Set Effective Date = new reset date and End Date = next scheduled reset date (the original End Date from the row edited above) and click Submit

      1. Example: Effective Date = 3/13/16 and End Date = 3/31/16

4. Repeat steps 1 & 2 for the other leg with the same date information

After following these steps the reset process can be triggered for the new reset date (example: 3/13/16). If accruals have already been processed for the new reset date - 1 (example: 3/12/16), they will have to be rerun with Allow Earnings Rollback (1257) = Yes to drop the coupon.