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How is the Initial Rate Used in a User Defined Repricing Pattern in RM 4.5 (Doc ID 263164.1)

Last updated on OCTOBER 23, 2019

Applies to:

Oracle Risk Manager - Version 4.5 to 4.5.39 [Release 4.5]
Information in this document applies to any platform.
Oracle Financial Services Applications (OFSA) - Version 4.5
Note: All OFSA 4.5 products have reached sustaining support.


 The initial rate input section in a reprice pattern doesn't appear to serve any purpose. The first rate is read from the instrument record, so why does the reprice pattern require the Initial Rate to be defined?


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