SAP ABAP Data Element JBIREFER (Reference Rate for Trading Terms Contribution (in Percent))

Hierarchy

☛ EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   ⤷ IS-B-DP (Application Component) Transaction Data Pool
     ⤷ JBD (Package) Application development IS-B Data Pool

Basic Data

Data Element	JBIREFER
Short Description	Reference Rate for Trading Terms Contribution (in Percent)

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	JBIZINSS
Data Type	DEC	Counter or amount field with comma and sign
Length	10
Decimal Places	5
Output Length	13
Value Table

Further Characteristics

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Parameter ID
Default Component name
Change document	☐
No Input History	☐
Basic direction is set to LTR	☐
No BIDI Filtering	☐

Field Label

	Length	Field Label
Short	10	Refer.%
Medium	15	Reference %
Long	20	Reference %
Heading	0

Documentation

Definition

The reference rate is used to calculate the trading terms contribution. The price (rate) paid by the trading department is compared with this reference rate. The reference rate reflects the fair market price or equilibrium price.

Use

Depending on the product category, the reference rate can be:

• an amount (with stocks, for example)
• a percentage rate (with bonds and debentures, for example)
• an exchange rate (with foreign exchange, for example)
• an index value (with options on stock indices, for example)

Maintenance

With those position flows for which a fixed cash flow can be determined, you can let IS-B calculate the reference rate as a quotient comprising the net present value and nominal amount of the flow on the basis of the selected yield curve.

History

Last changed by/on	SAP	20011002
SAP Release Created in