SAP ABAP Data Element TB_KSWAP (Swap Rate)
Hierarchy
BBPCRM (Software Component) BBPCRM
   CRM (Application Component) Customer Relationship Management
     CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages
       FTA (Package) R/3 appl. development for Treasury money,forex,forward gen
Basic Data
Data Element TB_KSWAP
Short Description Swap Rate  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type T_SWKURS    
Data Type DEC   Counter or amount field with comma and sign 
Length 13    
Decimal Places 9    
Output Length 16    
Value Table      
Further Characteristics
Search Help: Name    
Search Help: Parameters    
Parameter ID   
Default Component name SWAP_RATE   
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short 10 Swap Rate 
Medium 15 Swap Rate 
Long 20 Swap Rate 
Heading 10 Swap Rate 
Documentation

Definition

The swap rate is a markup or markdown on the spot rate, and is calculated on the basis of the interest rate difference between the respective currencies for investments and borrowings with the same term.

The swap is an economic tool for offsetting different interest yields for the individual currencies. Markups on the swap rate are known as premiums, markdowns are known as forward discounts.

History
Last changed by/on SAP  20050705 
SAP Release Created in