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Accrual of Interest Is Calculated on the System Coupon Amount (Doc ID 428701.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Treasury - Version: 11.5.10
This problem can occur on any platform.

Symptoms

On 11.5.10 in XTR.K level.
Accrual of interest in case of Fixed Income Securities is calculated on the System coupon amount
and not the gross coupon amount.


STEPS
The issue can be reproduced at will with the following steps:
1. Create a Bond Issue
2. Create a Deal to Buy Bonds
3. The interest gets calculated by default for only 365 days.
4. Accrual of interest does not consider the overridden amount

Cause

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In this Document
  Symptoms
  Cause
  Solution
  References

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