data migration for Securities

[hein_nagel]

Hello

I have been going the suggestions on the thread below,

I would like to clarify at which price do i book securities on cut off date, here is an example

my cut off date is 31/12/2009 and i have the following deals

1 . Purchase of R207 bond (04I) nominal 10million on 06/06/2009 price 98%

2. Sale of R207 bond 5million on 11/11/2009 price 97%

My balance nominal as at cut off on R207 bond is 5Million so on the 31/12/2009 i will book on TS01 5 MILLION on what price, currently on QA we booked all deals at original prices including all sales. Note that we do MTM on 04I and amortisation on 04X bonds.

Thank you in advance

Regards

Victor

[former_member566828 · Accepted solution]

Hi Victor,

indeed, you have to transfer the outstanding balance and having in mind M-to-M valuation used, the value of position is nominal * Market price of last date of the Year (31Dec2009).

Rgds,

Renatas

[hein_nagel · Accepted solution]

Hello Renatas

Thank you for the response, my last quaetion is that, we have issued bonds which are valued at amortised cost as opposed MTM, do i book these exactly the same way on TS01, Nominal and price Market price on the 31 December 2009

REgards

Victor