My Oracle Support Banner

Can Weekend Rate Effective Dates Be Defaulted to Next Business Day Instead of Last Business Day? (Doc ID 2609130.1)

Last updated on APRIL 14, 2021

Applies to:

Oracle Financial Services Funds Transfer Pricing - Version 8.0.7 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Funds Transfer Pricing (FTP)


When retrieving a rate from a curve to calculate a transfer rate, is there a way to get a weekend effective date / rate to be defaulted to the next business day rate instead of the last business day rate?

For example: Straight Term with Fixed Rate

ORIGINATION_DATE: 12/30/2018 (Saturday)

Interest Rate Code (IRC) contains the following:

28-Dec-2018 (Friday) 2.7622 1 Y
28-Dec-2018 2.715 18 M
31-Dec-2018 (Monday) 2.77 1 Y
31-Dec-2018 2.712 18 M

You want FTP to use the Monday, Dec. 31st rates when calculating the Transfer Rate.  It currently uses the Dec. 28th rates.


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.