SAP ABAP Data Element TFM_SZSREF (Reference Interest Rate)

Hierarchy

☛ SAP_ABA (Software Component) Cross-Application Component
   ⤷ CA-FIM-FMA (Application Component) Financial Mathematics
     ⤷ FIMA (Package) Financial mathematics

Basic Data

Data Element	TFM_SZSREF
Short Description	Reference Interest Rate

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	TFMZIREFKU
Data Type	CHAR	Character String
Length	10
Decimal Places	0
Output Length	10
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	Int.ref.
Medium	15	Ref. Int. Rate
Long	20	Ref. Interest Rate
Heading	10	Int.ref.

Documentation

Definition

Characteristic in which a reference interest rate is defined.

The reference interest rate is the rate on which the contract interest rate in the condition items is based. This rate is taken directly as the contract interest rate for the variable interest calculation or is part of the formula for calculating the contract interest rate.

Examples of reference interest rates are LIBOR (London Interbank Offered Rate) and FIBOR (Frankfurt Interbank Offered Rate). Internal base interest rates, to which financial transactions such as loans can be linked, are also treated as reference interest rates.

History

Last changed by/on	SAP	20110908
SAP Release Created in