EDM: Enhancement -- For Deals, Rate should not be required when Price % of Par is greater than 100
(Doc ID 1943533.1)
Last updated on FEBRUARY 05, 2019
Applies to:PeopleSoft Enterprise FIN Deal Management - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
For T-Bills that have flooded the market and can be bought at a price of over 100%, Rate should not be required or Rate should be allowed to be zero when Rate Type is Fixed.
Unfortunately, the system insists on setting a Rate and then promptly resets the Price % of Par based on the Rate entered.
The workaround to represent this is to enter the Deal with Rate Type of Floating.
Above scenario should be addressed as an Enhancement.
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