SAP ABAP Data Element JBRSTATKNZ (Display Static Interest Rate or Product Interest Rate)
Hierarchy
☛ EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   ⤷ IS-B-RA (Application Component) Risk Analysis
     ⤷ JBR (Package) Application development IS-B Risk Mangement
Basic Data
Data Element JBRSTATKNZ
Short Description Display Static Interest Rate or Product Interest Rate  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type JBRSTATKNZ    
Data Type CHAR   Character String 
Length 1    
Decimal Places 0    
Output Length 1    
Value Table      
Further Characteristics
Search Help: Name    
Search Help: Parameters    
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 7 StatInd 
Medium 7 StatInd 
Long 7 StatInd 
Heading 7 StatInd 
Documentation

Definition

With this setting you determine whether the product interest rate (default setting) or the static interest rate is displayed for discount transactions (loans, securities) in gap analysis/ALM.

The static interest rate is an approximation of the effective interest rate and involves distributing the premium or discount to the remaining interest payment dates.

Example

Imagine a loan with the following cash flow:

  • Disbursement: -97
  • Interest payment: +5
  • Interest payment: +5
  • Interest payment: +5
  • Repayment: +100

The product interest rate stands at 5%. When the static interest rate is displayed, the discount amounting to 3% is distributed to the 3 interest payments so that the static interest rate is 6%.

History
Last changed by/on SAP  20011002 
SAP Release Created in