Adjustment

Adjustment modes define how the system rolls dates in case of holidays in the calendar.

Field

Description

Unadjusted

Not rolled.

Preceding

Rolled to the previous business day.

Following

Rolled to the next business day.

Nearest

Rolled to the nearest next or previous business day.

Modified Preceding

Rolled to the previous business day, only if that day occurs in the same month. Otherwise, rolled to the next business day.

Modified Following

Rolled to the next business day, only if that day occurs in the same month. Otherwise, rolled to the previous business day.

Modified Following Bimonthly

Rolled to the next business day, only if that day occurs before the 15th or in the same month. Otherwise, rolled to the previous business day.

End of Month (unadjusted)

Rolled to the last day of the month.

End of Month (preceding)

Rolled to the last day of the month, then adjusted to the previous business day.

Modified Following (year)

Rolled to the next business day, only if that day occurs in the same year. Otherwise, rolled to the previous business day.

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