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 and change 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 click on tab Transactions and Undo Exported if accounting has been Exported and type a reason. Then click Undo Approved (also with a reason).
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.
5. The amendments can also be seen on the deals transaction list.
Before amendments:
After amendments:
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