- Choose New deal - Forward rate agreement
- Select Legal entity and Counterpart
- Select Buy or Sell
- Name- Free text field
- Select Currency and Amount
- Select the forward rate, index and interest period
- Enter deal date
- Fixing date is defaulted to -2BD before settlement date, possible to change if needed
- Enter settlement date
- Maturity date will be set according to interest Period ( possible to change if needed)
- Effective Calendar and date count convention will be set according to currency. Possible to add additional calendar if needed.
- If needed add forward and discount curve.
Permission needed is: Register Forward Rate Agreement Deals.