tpc0012 - instrument tpc0012 interest-only indicator amortisation type

Card of business rule instrument tpc0012 interest-only indicator amortisation type

Name

instrument tpc0012 interest-only indicator amortisation type

Code

tpc0012

Comment

When the amortisation type is
- 'French', or
- 'Fixed amortisation schedule'
Then
the interest-only indicator must be a "non-interest-only instrument". In other cases of amortisation type, both values for interest-only indicator are possible.

This validation check ensures that the value reported for the 'amortisation type' attribute is consistent with the 'end date of interest-only period' attribute given specific types of instruments. This means that for instruments with interest rate types which do not have an interest-only period, a non-interest-only instrument is reported, and the attribute 'end date of interest-only period' cannot be reported.

ECB Validation identifier: CN0835

Rule Type

Constraint


Server expression of the business rule instrument tpc0012 interest-only indicator amortisation type

(if ('instrument'.'amortisation type' IN ("French", "Fixed amortisation schedule"))
(then ('instrument'.'interest-only indicator' = "non-interest-only instrument")))


List of DNB-specific attributes of the business rule instrument tpc0012 interest-only indicator amortisation type

Name

Value

business rule classification

tuple constraint

business rule scope

Checked within the data delivery

business rule status

active business rule

number of dependencies

1

severity

signalling


List of attached objects of the business rule instrument tpc0012 interest-only indicator amortisation type

Short Description

Entity Attribute 'instrument.interest-only indicator'