Hi Team,
Need some help on how to represent the cashflows/payments on MoneyMarket Trade(Loan) in a correct way.
After some investigation/reading my guess is to use one StreamGrp with multiple PaymentScheduleGrps?
Example of cashflow information
Amount (399.99)
StartDate(2021-02-19)
EndDate(2021-03-25)
RateIndexCurrency(USD)
Rate(0.09)
RateIndex(LIBOR)
Spread(0.12)
Tenor(3M)
AmortizationType(Bullet)
Frequency(Weekly)
DayCountConvention(ACT/360)
cashflows/payment
-
Type(Prinicpal)*
-
PaymentDate 2021-02-19* -
PrincipalAmount -399.99* -
Currency USD* -
Type(Interest)Repeating*
-
paymentBegin 2021-02-19* -
paymentEnd 2021-02-25* -
InterestAmount 0.02* -
Spread 0.12000* -
NotionalAmount 399.99*
Thanks!
Regards
Johan