Create Redenomination Corporate Action Announcements

In the Create Redenomination of Bonds panel, you can add a mandatory corporate action announcement for a redenomination. You can use a Redenomination corporate action to convert the quantity and par amount of a debt security that redenominationed from a legacy currency to a new currency.

To create a Redenomination corporate action announcement manually:

1. In Reference Data Center, in the left navigation pane, click Reference Desk > Corporate Actions > Announcements > Create Redenomination of Bonds.
   You see the Create Redenomination of Bonds panel.

2. Complete the options on the Create Redenomination of Bonds panel.

3. Click Submit.
   The system adds the corporate action to the Corporate Action table. It has a transaction type of TRANSLOTS and a Reason value of REDENOMINATION. You can change a corporate action announcement if it does not have a Released status.

4. If you added a mandatory corporate action announcement, you can set up a mandatory corporate action exclusion to prevent the system from processing a mandatory corporate action for a certain entity.