Interest Calculator 

Use

The interest calculator converts interest rates from one interest calculation method to another.

Activities and Scope of Functions

The interest calculator offers two main functions, which can be used together.

To perform this function, you have to specify a source interest rate and an interest calculation method. To calculate a spot rate, you must enter the Effective from date of the source interest rate for the target interest rate.

An interest rate entry has priority over a curve type or currency.

Choose Calculate ® Calculate interest to start the conversion.

To perform this function, you have to specify a curve type source and currency source. To calculate the forward rate/curve you must enter the forward date in the Effective from field for the target forward rate/target curve.

The system ignores any entry made in the fields for interest rate or interest calculation method.

Choose Calculate ® Calculate curve to start the forward calculation for a curve.

To display the source and results curves after calculation, choose Goto ® Display yield curve.