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  3. Debt Portfolio Management
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Repay a Transaction

  • Public

Updated .

In Fairways Debt, you can perform repayments, full or partial, at any time during the term to maturity of a transaction.

 

Navigate to the Debt & Derivatives Application
  1. Log in to your Fairways Debt account and select a customer account, if relevant.
  2. Navigate to Applications Applications.png > Debt & Derivatives.

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Repay a Transaction
  1. Click a transaction to open its profile.

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  1. Navigate to Life Cycle.
  2. Click Repay.

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  1. Complete the form with all relevant details.

Note: Fields marked with an asterisk * are mandatory.

Field

Description

Trade Date

Timestamp of the repayment.

Notes:

  • The repayment trade date must be later than the transaction trade date.
  • The repayment trade date must be earlier than tomorrow.

Repayment Date

Unadjusted repayment date.

Notes:

  • The repayment date must be later or equal to the trade date.
  • If multiple repayments are associated with the transaction, the repayment dates must be different.

RepaymentDates_EN.png

Field

Description

Options

Repayment Type

Repayment amount type.

Note: Additional fields become available depending on the selection.

Full with Cash Flows

Partial

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Field

Description

Repayment Amount

Note: This field is only editable for partial repayments.

The maximum value, i.e. the outstanding balance at the repayment date, automatically fills out. Edit this value, if relevant.

Fees

Amount of the fees paid for the repayment.

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Field

Description

Repayment Rules

Notes:

  • This field only displays for transactions associated with the straight line amortization.
  • When multiple repayments are associated with the transaction, the same repayment rules must be selected.

Impact of the partial repayment on the amortization:

  1. Standard Amortization: The payment amounts later than the repayment are recomputed keeping the same maturity date.

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  1. Impact Last Payments: The payment amounts later than the repayment remain the same, shortening the maturity date if relevant.

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  1. Click Apply to repay.

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The repayment displays and updates the transaction schedule.

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