PORTFOLIO
Portfolio to which the loan is booked.
COUNTERPARTY
Counterparty to the loan agreement.
CURRENCY
Nominal currency of the loan agreement.
By default this value set to portfolio base currency.
Lend: loan is given out to a counterparty as an investment (ASSET).
Borrow:loan is taken from a counterparty for financing purposes (LIABILITY).
GENERAL TYPE
General conditions of interest payments.
Coupon: Interest is paid periodically.
Interest at maturity (IAM): Interest is paid in one lump sum amount at the end of loan
period.
Discount: It is the same as IAM, but initial loan amount is discounted from principal amount.
INTEREST TYPE
Type of interest applied to loan balance.
Fixed: Loan interest is fixed during the lifetime of the loan.
Floating: Loan interest is reset periodically during the lifetime of the loan.
LOAN AMORTIZATION
Method used to pay down loan principal.
None: Loan principal is paid back in full at the end of the loan term (at maturity).
Linear: Loan principal is paid back in equal installments during the life of the loan.
Annuity: Loan principal is paid back according to annuity formula (equal total payments)
during the life of the loan.
SET LOAN TO DEFAULT
Sets loan to default on user defined date.
System opens a new user form to define date.
LIQUIDATE LOAN
Liquidates loan with final payment.
System opens a new user form to define date, final amount and optional comments.
ADD PRINCIPAL TO LOAN
Adds principal to existing loan balance.
System opens new row in payment schedule to define date, added principal amount, any fees and commissions, and
optional comment.
SUSPEND PAYMENTS
Sets principal payment suspensions for user defined periods.
System opens a new user form to define suspension start and end periods.
SETTLEMENT AMOUNT
Loan settlement amount in nominal currency, portfolio base currency and as a percentage of portfolio total net
assets.
COUNTERPARTY EXPOSURE
Total counterparty exposure across all positions in base currency and as a percentage of portfolio total net
assets.
PRE-TRADE COMPLIANCE VALIDATION
Compliance violations found: Estimated number of compliance violations found after trade
added to portfolio (also includes violations not directly due to current loan deal). Click on the number to view
further details.
Number of rules checked: Total number of compliance rules checked. Click on the number to
view further details.
PRINCIPAL
Initial principal amount of the loan.
Additional principal amounts can be added via Add Principal Payment action.
TRADE DATE
Date when the loan is booked to the portfolio.
VALUE DATE
Date when the interest starts to accrue to the loan.
MATURITY DATE
Date when the last principal repayment is made.
BROKER (OPTIONAL)
Intermediary to the loan agreement.
CASH ACCOUNT
Portfolio cash account that will be debited/credited on all loan related payments.
COMMISSIONS
Loan deal related commissions.
OTHER FEES
Loan deal related other fees.
OTHER FEES
Fixed interest rate applicable to the loan agreement.
INTEREST BASED ON INITIAL PRINCIPAL (IBIP)
When activated, interest calculations are applied to loan initial balance amount.
When deactivated, interest calculations are applied to loan outstanding balance amount.
PAY FREQUENCY
Frequency of scheduled interest payments.
Activate EOMA (End of Month Adjustment) to shift all interest payments to the last calendar
day of the month.
HOLIDAY CALENDAR
Holiday calendar applied to loan payment schedule.
Calendar is used for payment date adjustments when Pay Date Rolling is set to Following, Modified Following or
Previous.
PAY DATE ROLLING
Selection determines how system should adjust payment date when such date falls on weekend or holiday.
None: no adjustment.
Following: payment date is rolled to the next business day.
Modified following: payment date is rolled to the next business day, unless doing so would
cause the payment to be in the next calendar month, in which case the payment date is rolled to the previous
business day.
Previous: payment date is rolled to the previous business day.
ROUND COUPON AMOUNTS
When selected system calculates coupons as follows: PERIOD INTEREST AMOUNT= ANNUAL INTEREST AMOUNT /
PAY FREQUENCY
FIRST PAY DATE
System calculated date for the first interest repayment.
Activate Set manually to override system calculated value.
ACCRUAL BASIS
Day count convention that is used to calculate loan interest payments and accruals.
FLOATING RATE
Reference rate of the loan.
Activate end-of-period (EOP) fixing to apply reference rate retroactively for the last
period. By default beginning of period fixing is applied.
INTEREST RATE LIMITS
Min rate: Sets a floor to scheduled coupon rates not to fall below defined minimum rate.
Max rate: Sets a cap to scheduled coupon rates not to rise above defined maximum rate.
INTEREST MARGIN
Margin rate that is added to fixed reference rate (fixing rate).
Coupon Rate = Fixing Rate + Margin
FIXING FREQUENCY
Frequency with which the reference rate is reset (must be the same or longer than payment frequency).
FIXING LAG
Reference rate fixing lag in number of business days.
Silcube will move fixing date backward based on the number defined.
backward
FIRST PAY DATE
First interest payment date.
AMORTIZATION FREQUENCY
Principal repayment frequency.
AMORTIZATION AMOUNTS
Constant amounts to be amortized over the life of the loan.
PRE-DEFINED REPAYMENT AT MATURITY
Captured principal amount will be repaid at maturity. Any difference will be equally allocated to preceding
principal payment dates.
DIFFERENT FIRST REPAYMENT DATE
To set first principal repayment date that is different from first interest payment date.
LOAN NAME (OPTIONAL)
System or user defined name of the loan.
In case left empty, loan name will be automatically generated as follows: issuer name + interest rate +
maturity date.
EXTERNAL ID (OPTIONAL)
External identifier to the loan agreement.
CREDIT RATINGS (OPTIONAL)
Credit rating(s) assigned to the loan deal.
List of ratings can be managed in Entities/Credit Ratings.
CLASSIFIERS (OPTIONAL)
Loan classifiers for reporting and risk management purposes.
*Available classifier sets are from those made available under portfolio definition.
*List of classifiers can be managed in Entities/Classifiers.
GUARANTOR (OPTIONAL)
Guarantors to the loan.
Possible list includes persons with guarantor role.
DOCUMENTS (OPTIONAL)
List of loan related documents.
INVOICE RECIPIENTS (OPTIONAL)
Default list of email recipients for invoicing.
*User has an option to make changes to this list while sending out invoices.
SCHEDULED PAYMENT DATE
System calculated contractual payment date of interest and/or principal.
(User overrides: Yes)
FIXED RATE
Interest rate applicable to the loan agreement.
(User overrides: Yes)
BALANCE START
System calculated loan balance at start of period.
(User overrides: No)
PRINCIPAL PAYMENT
System calculated principal (re-)payment.
Initial values are calculated according to loan amortization schedule.
(User overrides: Yes)
INTEREST PAYMENT
System calculated interest payment.
(User overrides: Yes)
FEES
User defined fees related to specific payment (can be defined as positive or negative numbers).
COMMISSION
User defined commission related to specific payment (can be defined as positive or negative numbers).
TOTAL PAYMENT
System calculated total payment (Principal + Interest + Fees + Commissions).
(User overrides: No)
BALANCE END
System calculated loan balance at start of period.
(User overrides: No)
DETAILS
User defined comments to the payment.
INVOICE
Loan invoicing activities.
Send: opens form for invoice send-out.
Gray: invoice not sent.
Green: invoice is sent with current status as valid.
Red: invoice is sent with current status as invalid (due to changes in underlying data).
View: invoice preview.
Info: information on invoice sending activities.
TOTAL PAID
Total payment received of scheduled amount.
Green: payment is fully processed.
Yellow: payment is partially processed.
Red: payment is fully overdue.
ACTUAL PAYMENT DATE
Actual registered payment date.
Value given is the last received amount from such payment.
Click to view all payment dates.
ESTIMATED PAYMENT DATE
Estimated payment date can be used to change scheduled payment date without affecting interest calculations.
STATUS:
E (Estimated): Used for floating rate loans for future payments were interest rate has not
yet been fixed. Such payments are not shown in Manage Payments report nor in cash flow report.
P (Pending): All scheduled known payments that have not yet been paid.
A (Accepted): Settled loan payments.
L (Liquidated): Liquidated loan payments.
H (Suspended): Suspended principal payments due to payment holiday.
In order to change estimated payment to pending you need to change or confirm the interest rate value
in column "Fixing, %" by clicking on it and pressing Enter key.