My Oracle Support Banner

DEV : OBCL : : LBDDDONL : Roll Did Not Trigger On Maturity Date And Child Contract Is In (Doc ID 3005066.1)

Last updated on FEBRUARY 26, 2024

Applies to:

Oracle Banking Corporate Lending - Version to [Release 14]
Information in this document applies to any platform.


On : version, Implementation Support
DEV : OBCL : : LBDDDONL : Roll did not trigger on maturity date and child contract is in uninitiated status

ROLL did not trigger for parent contract on maturity date and child contract is in uninitiated status on value date

1. Create two days back dated RFR revolving loan for 60M GBP for three days
2. Interest and Principal: Repayment schedules on maturity date
Billing notice days:1
Interest call form :
Alternate  free rate: Yes and Rate code: SONIA
Code usage: Auto and rate revision method: auto
Look back: Yes and Look back days: 5
Rate compounding: Yes and RFR rounding unit: 4
Base computation method: Compound
Margin/CAS computation method: Simple
CAS: 0.4
Interest basis: Actual/360
Margin details tab: keep only RFRMARGIN component and delete remaining margin components
3. Save and authorize
4.Unlock DD contract an capture below mentioned details in split rollover screen
5. Split rollover screen for one contract:
Interest parameters basis, Holiday parameter basis, Settlement Basis, Schedule basis, MIS biostudy Basis: Contract
Default Fronting: New contract
Amount: Principal
Liquidate interest: Yes and Liquidate principal: Yes
Capture rollover product, Principal rollover amount
Rollover amount : Less than standing principal amount.
Rollover Type: Auto
Maturity Days: Parent contract maturity date + 3 days
6. Interest should default with details captured in interest screen
Only RFRMARGIN component should be available in Margin details Grid
7. Save and Authorize
8. Run EOD
9. ROLL did not trigger for parent contract and has not liquidated. and child contract is in uninitiated status.




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.