Last updated on JULY 28, 2017
Applies to:Oracle Risk Manager - Version 4.5 to 4.5.41
Information in this document applies to any platform.
Oracle Financial Services Applications (OFSA)
Note: All OFSA 4.5 products have reached sustaining support.
You see the following example in the Oracle Financial Services Technical Reference Manual,
Release 4.5, Chapter 10 Cash Flow Dictionary under Deferred Current Balance (DEFERRED_CUR_BAL)
An example of this relationship for a discounted loan follows:
CUR_PAR_BAL = $9,000
CUR_BOOK_BAL = $10,000
DEFERRED_CUR_BAL = $1,000
The example at the end of this statement reflects the setup of a "PREMIUM" rather than a "DISCOUNT". For a discounted instrument, the deferred_cur_bal would be negative.
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