Entering content frameProcedure documentation Entering Data for Giving Notice Locate the document in its SAP Library structure

Use

Some bonds include call rights for the issuer and/or for the bondholder.

You enter the call rights agreed in the terms of the issue on the Notice tab page in the class data.

You represent the exercise of these call rights within the agreed notice periods in the system using the Structure link Exercising Security Rights function.

Procedure

The screen for entering notice data is divided into two parts:

The procedure for entering the notice periods is the same for both the issuer and the bondholder:

  1. Choose This graphic is explained in the accompanying text .
  2. Enter the notice period from/to.
  3. Enter the Notice rate. This is the rate (or price, for unit-quoted securities) at which you repay the bond when you give notice.
  4. Enter a description for the notice.
  5. Save your entries.

Note

You can enter any number of notice periods for a class.

Result

When you save the notice data in the class data, the system generates the relevant rights in the Structure link Exercising Security Rights function, regardless of whether a position already exists for this class.

There, you find the call rights of the issuer under Callable bond. You find the call rights of the bondholder under Puttable bond.

 

 

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