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Floating Rate Notes - Interest Rate Threshold

0 Kudos

Dear Team

I am trying to create a FRN where the interest can fluctuate as per the LIBOR rates.

If the coupon floor is 2 % and the LIBOR goes above the coupon floor, SAP should post the interest as per the LIBOR rate (this can be achieved) but if the LIBOR is less than coupon floor i.e. less than 2%. SAP should post the interest as per the fixed coupon floor rate and not LIBOR rate

Can you please let me know if this is possible with standard product types

Best Regards

KS

former_member34
Product and Topic Expert
Product and Topic Expert

Thank you for visiting SAP Community to get answers to your questions. Since this is your first question, I recommend that you familiarize yourself with our Q&A Tutorial: https://developers.sap.com/tutorials/community-qa.html, as it provides tips for preparing questions that draw responses from our members. Should you wish, you can revise your question by selecting Actions, then Edit.

By adding a picture to your profile you encourage readers to respond: https://www.youtube.com/watch?v=46bt1juWUUM

Many thanks!

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