Murex

Re: Flows from coupon payments

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

Hello John,
>
> 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.
Like for the other products, bond payments are generated per trade (on
different occasion, e.g. deal insertion/payment refresh or fixing
procedure). Remember to set the securities backoffice flag, otherwise
counterparty and not issuer settlement instruction would be used. Dunno
if this is still necessary in 3.1 though. [...]