Create a Standard Loan Tranche in a Facility Agreement

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 available for drawing in this tranche.

Currency

Currency of the tranche.

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.

Note: The facility agreement dates apply by default.

Start Date

Unadjusted start date of the transaction, date of the first drawing of the tranche.

Note: The facility agreement dates apply by default.

End Date

Unadjusted end date of the transaction.

Note: The facility agreement dates apply by default.

First Roll Date

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

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 the principal is amortizing.
• Yes, without amortization: The principal is drawn over a period of time (multiple drawdown dates).

End of Availability Period

Indicates the last date at which drawings can be made.

Amortization Type

Amortization mode.

Consolidation Start Date

Note: This field is only available for drawings with amortization.

Indicates the date at which amortization can start.

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

Computes the day fraction of an interest accrual period.

Capitalized Interest

Defines whether the interest amount should be paid at the payment date, or added to the principal (and included in the outstanding balance for the following periods).

In Advance Interest Payment

Defines whether the interest amount should be paid at the start of the period.

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.