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SEDXDLNL- Yield Not Picking / Calculating Yield Correctly (Doc ID 2980826.1)

Last updated on OCTOBER 17, 2023

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.3.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.3.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
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SEDXDLNL- Yield not picking / calculating yield correctly

We did a Bank buy customer sell deal creation in SEDXDLNL. We have put the deal quantity and input price same for a security involving nominal value quote method.
However we could find system has not picked the coupon rate which is as yield.

Yield not rounding off as per the Bank Parameter Yield to Maturity Display Decimals.

EXPECTED BEHAVIOR
-----------------------

Yield should be as per the Bank Parameter Yield to Maturity Display Decimals.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a deal with coupon
2. Save and verify the contract yield and YTM

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot see the correct yield

Cause

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In this Document
Symptoms
Cause
Solution


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