Business rule financial data omc0025 influence of amortisation type bullet on the value of periodic repayment due

Card of business rule financial data omc0025 influence of amortisation type bullet on the value of periodic repayment due

Name

financial data omc0025 influence of amortisation type bullet on the value of periodic repayment due

Code

omc0025

Comment

In case of an instrument having the amortisation type bullet/interest-only, the periodic repayment due should not be zero on the last reporting reference date before the legal final maturity date. On all reporting reference dates prior to the last reporting reference date before the legal final maturity date for this type of instrument, the periodic repayment due should be zero (i.e. “0”).

Rule Type

Constraint


Server expression of the business rule financial data omc0025 influence of amortisation type bullet on the value of periodic repayment due

If 'instrument'.'amortisation type' = "bullet" and reporting reference data is the last one before the legal final maturity date
then 'financial data'.'periodic repayment due' <> 0
else 'financial data'.'periodic repayment due' = 0


List of extended attributes of the business rule financial data omc0025 influence of amortisation type bullet on the value of periodic repayment due

Name

Data Type

Value

Target Name

business rule classification

(String)

other model constraint

Local Extensions

business rule scope

(String)

Checked within the data delivery

Local Extensions

severity

(String)

signalling

Local Extensions


List of attached objects of the business rule financial data omc0025 influence of amortisation type bullet on the value of periodic repayment due

Short Description

Entity Attribute 'financial data.periodic repayment due'