To change the interest terms (e.g change day count conventions, periodicity, date rolling behavior or adjust dates) within interest rate periods, throughout the lifetime of interest rate instruments, you need to do the following:
1. If the deal is Confirmed, unlock the deal by changing the deal status to Modified.
2. If the deal has been Approved and/or Exported in Accounting or Payments, this also needs to be reversed in order to be able to amend the terms of the deal.
To undo accounting, payments and reconciliation all in one go, click on Unlock Deal Part.
Choose the selected date from when you want to unlock the deal, and give a reason.
If you have several deal parts (for example a fee connected to the loan) and you want to unlock both deal parts, go to the three dots and choose Change deal status, and Unlock all Deals.
3. Edit your deal by using the Wizard.
4. When finished with your amendments, click Save, and the new terms will be applied on your deal as well as on the mirror deal if applicable.
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