Business rule 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, the 'end date of interest-only period' attribute is reported as “Non-applicable”.

Rule Type

Constraint


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

When
[instrument.amortisation type] IN {'French', 'Fixed amortisation schedule'}
Then
[instrument.interest-only indicator] = "non-interest-only instrument"


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

Name

Data Type

Value

Target Name

business rule classification

(String)

tuple 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 instrument tpc0012 interest-only indicator amortisation type

Short Description

Entity Attribute 'instrument.interest-only indicator'