Bond rounding

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sureshas
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12 years 3 months ago #12200 by sureshas

Bond rounding was created by sureshas

For a particular dealer book SEC.TRADE (buy), where the instrument is a bond, the expected accrued interest is 107333.333. But the system shows the interest amount as 107333.
Is there any set ups to stop the rounding and show the complete figure???

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jpb
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12 years 3 months ago #12202 by jpb

Replied by jpb on topic Bond rounding

There are two fields in SECURITY.MASTER
- BOND.ROUND.TABLE
- BOND.ROUNDING

and a table called SC.BOND.ROUNDING to define the rounding method.

Normally the rounding will be done according to the nominal curreny.

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sureshas
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12 years 3 months ago #12218 by sureshas

Replied by sureshas on topic Bond rounding

hi jpb....thanks a lot :)
also wud like to tell u that in currency table rounding has been set to zero for that particular currency, so i guess whatever u set in currency table takes precedence over sc.bond.rounding..just correct me if i am wrong???

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jpb
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12 years 3 months ago #12220 by jpb

Replied by jpb on topic Bond rounding

Can't tell you - haven't set up SC.BOND.ROUNDING as it's working OK without for our needs.

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