SAP ABAP Data Element TB_RATE_CURRENT (Interest, Rate, or Price is Up-to-Date)

Hierarchy

☛ EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   ⤷ FIN-FSCM-TRM-TM-TR (Application Component) Transaction Management
     ⤷ FTR_IRATE_ADJUST (Package) Treasury: Interest Rate Adjustment

Basic Data

Data Element	TB_RATE_CURRENT
Short Description	Interest, Rate, or Price is Up-to-Date

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	XFELD
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	10	Up-to-Date
Medium	16	Rate Up-to-Date
Long	20	Rate Is Up-to-Date
Heading	0

Documentation

Definition

Sets a rate or a price in the market data tables as up-to-date.

Use

Dependencies

Example

This indicator can be used for a specific reference interest rate that only changes several times a year (such as Federal Funds Rate of FED) and that is used for interest rate adjustment.

For the creation of an interest rate adjustment, market data is read to obtain the interest rate on the fixing date. When this indicator is set and there is no entry in the market data table on the fixing date, then the last entry before the key date is used for the interest adjustment. In this way, when this indicator is set, the entry in the market data table is marked as up-to-date.

History

Last changed by/on	SAP	20110809
SAP Release Created in