Rounding rules in Fairways Debt enables you to refine rates, so they can be as precise as you wish.
Prerequisite
Navigate to the Debt & Derivatives Application
- Log in to your Fairways Debt account.
- Select a customer account.
- Navigate to Applications > Debt & Derivatives.
Apply a Rounding Rule to Interest Rates
- Open a draft transaction with a floating index.
- Click Edit in the Indexation panel.
- Enable Advanced.
- Select a rounding rule.
The relevant fraction displays.
- Select a rounding method.
Examples
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