Also known as Long Term Borrowing and Funding Deals There are “Structured Debts” borrowed or invested, typically larger amounts with certainty in cash flows
Fixed Income Securities (Bonds)
A long term debt of investment instrument, usually with periodic coupon payments on pre-determined dates Can be bought and sold at premiums or discounts
Select Initial Basis as Float for floating rate of interest and Fixed for fixed rate of interest. Enter the rate of Interest in Interest Rate field.Enter the Benchmark Rate you defined as LIBOR, PLR. Enter the margin (in Basis Points) over/under the Benchmark rate.
Select proper Business Day Convention incase of Maturity or Interest Due fall on holiday.
Select Payment frequency of Interest on the basis of repayment.First transaction Maturity will default on the basis of Payment Frequency.
Borrowing or funding deals such as Mortgages A deposit or loan that has regular principal and interest payments over a period of time Loans taken on EMI needs to be entered in Retail Term Money
A short term security that is trading at a value lower than its face value or its value at maturity. The Trading or market value is determined by prevailing short-term interest rates.Can be bought and sold at premiums or discounts