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ok_flt_rcsok_flt_rcs (routine)
Validates floating rate security rate changes and dates
Introduced in release: 1.3
Component: Generic
Purpose:
For a floating rate security this function validates each of the given rate changes and rate change dates. Specifically it verifies the validity of each rate and rate change date and verifies that the first rate change date is on or before the settlement date. dates.
Results:
The value of the function is true (1) if the validation conditions are met. The value of the function is false (0) if the validation conditions are not met. The variable status will contain the error code.
Error Conditions:
The variable status contains a non zero value upon returning from the function when the input contains an error.
150x = The required settlement date is missing
10041 = The number of rate changes must be >= 1
10045 = 1st rate change date not <= settlement date
| Last Mod Date: 03/14/1997 | © 2001 TIPS, Inc. | Doc Version: 5.0 |