Apply a Rounding Rule to Interest Rates

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

 

Apply a Rounding Rule to Interest Rates
  1. Open a draft transaction with a floating index.
  2. Click Edit in the Indexation panel.

Draft_Transaction_EN.png

  1. Enable Advanced.
  2. Select a rounding rule.

The relevant fraction displays.

  1. Select a rounding method.

Advanced_EN.png

 

Examples

None Nearest Up Down Half Up Half Down

None.png

Nearest.png

Up.png

Down.png

Up_Half.png

Down_Half.png

Was this article helpful?
0 out of 0 found this helpful