Add Variable Rate Panel Options

Lookup Security

Source Name

3301

Specifies the source interface. This field must match the value in the Variable Rate Source field (tag 3301) on the entity for the system to recognize that rate in the earnings process. If the source name does not match the entity's variable rate source, the system does not use the rate in the earnings process.

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 for the security.

Issue Name

961

Specifies the name of the security. You can select securities with processing security types eligible for fixed income. The security must have a coupon type of Floating, Variable Rate, Step Coupon, Unscheduled Variable Rate, or must be an Index. 

Coupon Type Code

97

Displays the specified coupon rate.

Maturity Date

38

Displays the date the final principal payment is due on the security.

Issue Date

68

Displays the date the security was issued.

Dated Date

1183

Displays the dated date of the issue.

Processing Security Type

3931

Specifies the processing security type.

Variable Rates

Effective Date

1109

Specifies the effective date of the variable rate. For an unscheduled variable rate coupon type, the effective date is also the coupon drop date.

Variable Rate

96

Specifies the variable rate for the security record.

Next Refix Date

1125

Determines the period remaining until the next adjustment of the interest rate for variable rate securities. The system uses this value to calculate days to maturity for variable rate securities in the Weighted Average Maturity (WAM) report. You can use the Add Report Override panel to apply a refix override for a security or security/entity combination that influences the report.

Schedule Period Types

1123

Specifies the frequency of the rate reset. It is used for reporting only. Options include:

• Annually

• Bi-monthly

• Daily

• Monthly

• None

• Quarterly

• Semi-annually

• Weekly

Reset Day

1121

Hidden. User defined field. Used for reporting only.

Cash Movement Flag

3664

Hidden. Determines if the date in the Variable Rate table is a coupon date for securities with unscheduled coupon types. If the field is set to Yes, Eagle Accounting creates a coupon for the date based on the prior date period to date accrual.