SAP ABAP Data Element TYC_BSPRD_ID (Basis Spread ID)

Hierarchy

☛ SAP_APPL (Software Component) Logistics and Accounting
   ⤷ TR (Application Component) Treasury
     ⤷ FTA_CORE (Package) TR-CORE: Former Objects from FTA (Applic. Dev. TR General)

Basic Data

Data Element	TYC_BSPRD_ID
Short Description	Basis Spread ID

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	TYC_BSPRD_ID
Data Type	CHAR	Character String
Length	15
Decimal Places	0
Output Length	15
Value Table	TYC_BSPRD_DEF

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	7	B. Sprd
Medium	10	Bas.Spread
Long	20	Basis Spread ID
Heading	20	Basis Spread ID

Documentation

Definition

Key with which a basis spread is defined. This could relate to either a cross-currency spread or a tenor spread.

Use

Basis spreads are premiums and discounts on one side of a basis swap that make the swap into a fair transaction. They can be used in the price calculator for the calculation of discount factors and forward interest rates. The spread relates to the first two reference interest rates assigned.

Dependencies

Examples

• Cross-Currency Spread:

  Three-Month EURIBOR Versus Three-Month USD Libor, Five-Year Term

  The spread is the premium or discount on the EUR side.

• Tenor Spread:

  Three-Month EURIBOR Versus Six-Month EURIBOR, Three-Year Term

  The spread is the premium or discount on the three-month side.

History

Last changed by/on	SAP	20130529
SAP Release Created in	617