Murex

Flows from coupon payments

By Murex User Group ⋅ January 6, 2010 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

Hi, Trying to understand the behavior of Murex 3.1 in case of coupon payments and other events for bonds I have a couple of questions: 1) Once the coupon payment date is achieved, I guess there will be an script in EoD to process those events. How those coupon payments (or others fixed income events) are processed? Is it identified by issues, by trade, by position.  2) Is it really run through an EoD script? Then could it be also run manually? * Guessing that the issuer will only deliver one payment for the overall position it makes sense that Murex generates the cupon payments by issue, by trade [...]