What Is the Basis for the "RATE INCREASE PERIOD" Option in the ALM Product Characteristics Rule?
Last updated on SEPTEMBER 13, 2013
Applies to:Oracle Financial Services Asset Liability Management - Version 5.6 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
What is the basis for the "RATE INCREASE PERIOD" field in the product characteristics rule in Oracle Financial Services Asset Liability Management (ALM)?
The "RATE INCREASE PERIOD" option in product characteristics > Define adjustable rate attributes is described as the "Maximum interest rate increase allowed during the cycle on an adjustable rate instrument." What is the basis for this increase?
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