SAP ABAP Data Element TB_SWP_AUSTRAL (Discount Swap)

Hierarchy

☛ BBPCRM (Software Component) BBPCRM
   ⤷ CRM (Application Component) Customer Relationship Management
     ⤷ CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages
       ⤷ FTT (Package) R/3 application development for Treasury forward trading

Basic Data

Data Element	TB_SWP_AUSTRAL
Short Description	Discount Swap

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

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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	Dis. Swap
Medium	15	Discount Swap
Long	20	Discount Swap
Heading	4	DSwp

Documentation

If this indicator is set, the system creates the swap as a discount swap. A discount swap differs from a standard swap in the way the interest amounts are calculated.

Standard-Swap

• Formula for calculating the interest amount:

  Interest amount = Base amount * Days/Base days * Interest rate/100

• Interest payment at the end of the interest period

Discount Swap

• Formula for calculating the interest amount:

  Interest amount = (Base amount * Days/Base days * Interest rate/100) / (1 + Days/Base Days * Interest rate/100)

• Interest payment at the start of the interest period

The discount rate for the discount swap is the same as the rate used for calculating the interest.

History

Last changed by/on	SAP	20020219
SAP Release Created in	463_20