|
PrdsInt
|
| Annual Sequence or preset sequence option,
relating to the timing and/or accrual of interest
payments. |
|
|
| Example: -12 |
Variable Values
|
| Default(s) |
| -4 |
Quarterly in arrear, calendar quarters (1st April for
Jan-March accrual, 1st Jul payment for April-June accrual,
etc) |
| Switches |
| -12 |
Monthly in arrear, calendar months {1st Jan payment for
Dec accrual, Feb 1 payment for Jan accrual etc} |
| -4 |
Quarterly in arrear, calendar quarters (1st April for
Jan-March accrual, 1st Jul payment for April-June accrual,
etc) |
| -2 |
6 monthly in arrears (1st Jan payment for Jul-Dec
accrual,1st July payment for Jan-June accrual ) |
| -1 |
Annually In Arrear 1st Jan payment for Jul-Dec
accrual |
| 1 |
Annually, 1st Jan |
| 2 |
6 monthly (1st Jan, 1st July) |
| 4 |
Calendar quarters (1.01, 4.01, 7.01, 10.01) |
| 12 |
Calendar months {1.01, 1.02 etc} |
| 14 |
Continuous (could be thought of as daily) |