How to enter a Cap/Floor

Created by Erik Åkerlund, Modified on Wed, 07 Feb 2024 at 11:50 AM by Teuvo Suoraniemi

This article vill go trough step by step how to enter a Cap/Floor

  1. Go to New Deal and choose Cap/Floor
  2. Enter the Legal entity and Counterpart
  3. Choose if you would like to enter a cap or a floor in the drop down list. Note if a Collar need to be entered, first enter a Cap and then choose Add deal and enter a Floor, on the same deal.
  4. Choose if it is a buy or a sell in the drop down list
  5. Enter the currency and amount. The sign of the amount will be set automatically (Buy positive and Sell negative)
  6. Enter the begin and end date. Deal date is default TODAY but is possible to change
  7. Enter the cap or floor rate
  8. Enter the current interest, fixing and payment period, 
  9. Last day of period should be ticked if the date always should be the last date of the month. 
  10. Choose the correct Day Count Conventions from the drop down list
  11. Choose Date Rolling Behaviour
  12. Choose if both payment date and maturity date should be changed accordingly to the rolling behavior or just the payment date.
  13. Bank accounts will be default to the default bank accounts but it is possible to change
  14. Fill in relevant tags
  15.  If needed add additional calendars

The premium needs be added as a one time fee How to enter Fees (one time and recurring)

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