Consideration Amount For Actual/365 On A Fixed-Regular Bond (Doc ID 471388.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Treasury - Version: 11.5.10.2
Information in this document applies to any platform.

Goal

If the bond issue is defined as an Actual/365, with a Fixed-Regular coupon, the system will calculate the right coupon amounts, but the consideration amount will be calculated using the Actual/Actual-Bond convention, instead the required Actual/365?

Solution

Sign In with your My Oracle Support account

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

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms