Create a CDC Loan

Fairways Debt enables you to create CDC (Caisse des Dépôts et Consignations) loans.

 

Prerequisite

 

Navigate to the Debt & Derivatives Application
  1. Log in to your Fairways Debt account, e.g. https://login.financeactive.com/eu.
  2. Select a customer account, if relevant.
  3. Navigate to Applications Applications.png > Debt & Derivatives.

 

Create a CDC Loan
  1. Click Add Transaction > Loan > CDC Loan.

Portfolio_AddTransaction_Loan_EN.png

  1. Complete the form with all relevant details.

Note: Fields marked with an asterisk * are mandatory.

Field

Description

Reference Code

Unique reference of the transaction. Identifies the transaction in the portfolio.

Note: The reference must be unique among all the entities managed in the account.

External Reference Code

Used by external systems to identify the transaction. Used when transactions are imported from or exported to another system.

Principal

Principal amount of the loan.

Currency

Currency of the principal amount.

Borrower

Borrowing entity in the system.

Lender

Can be either internal (an entity in the system) or external (a commercial bank).

Transaction_EN.png

Field

Description

Trade Date

Date at which the transaction has been traded. From that date, the system takes the transaction into account as an item of the portfolio.

Start Date

Unadjusted start date of the transaction.

Maturity Date

Unadjusted maturity date of the transaction.

First Roll Date

Unadjusted date of the first payment (useful when the first period is a long or short stub).

Dates_EN.png

Field

Description

Availability Period

Indicates if the loan includes drawings and amortization:

  • No: The full principal is drawn at the start of the transaction.
  • Yes, with amortization: The principal is drawn over a period of time (multiple drawdown dates) and, if relevant, the principal is amortizing.

Notes:

  • You cannot edit this field after creating the loan.
  • Additional fields display depending on the selection.

End of Availability Period

Note: This field displays if the availability period is enabled.

Indicates the last date at which drawings can be made.

AvailabilityPeriod_EN.png

Field

Description

Amortization Type

Amortization mode.

Notes:

  • You cannot edit this field after creating the loan.
  • Additional fields display depending on the selection.
Initial Progression

 

Construction Rate

Note: This field only displays for the DA amortization type.

Progress Type

Note: This field only displays for the DA amortization type.

Revision Type

Note: This field only displays for the ID, ICO, and IP amortization types.

Revision Floor

Note: This field only displays for the Double Limited revision type.

Stock Amount

Note: This field only displays for the Double and Double Limited revision types.

Amortization Progression

Note: This field only displays for the ICO amortization type.

Amortization_EN.png

Field

Description

Index

Name of the index used to calculate the rate value, e.g. FIXED for a fixed rate.

Note: The field beside displays depending on the index selected.

Interest Rate

Fixed rate value in percentage.

Note: This field displays depending on the index selected.

Initial Interest Rate

Initial rate of the custom index.

Note: This field displays depending on the index selected.

Spread

Spread (or margin) value in percentage.

Note: This field displays depending on the index selected.

Day Count Convention

Used to compute the day fraction of an interest accrual period.

Indexation_EN.png

Field

Description

Frequency

Frequency of the payments.

Interest Calculation Adjustment

Adjustment mode for the interest calculation. The nominal start and end dates of the accrual period will be adjusted accordingly before computing the interest amount.

Payment Date Adjustment

Adjustment mode for the payment date.

Last Stub Period

Defines whether the last period should be a short or long stub when it does not match the selected frequency:

  • Short Stub: The payment date just before the end date should be respected.
  • Long Stub: The payment date just before the end date is replaced with the payment occurring at the end date.

Note: If neither stub is selected, the short stub applies by default.

Payment_EN.png

  1. Enable Show Details after Validation to automatically open the new CDC loan profile once created.
  2. Click Apply.

CDCLoan_Create_EN.png

The new CDC loan displays in the draft portfolio.

CDCLoan_Created_EN.png

 

 

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