Archive for category MM-Money Market

Interest Day Basis

Main regulatory organizations: ICMA(2005):  International Capital Market Association. Merger of ISMA(1991, ex-AIBD) and IPMA) ISDA(1985):  International Swaps and Derivatives Association SIFMA(2006): Securities Industry and Financial Management Association. Merger of The Securities Industry Association (SIA) and The Bond Market Association (TBMA or BMA). Interest basis codes one can choose in T24: A    360/360 = “Bond basis” […]

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Money Market

MONEY MARKET This module is designed for the multicurrency assets and liabilities transactions of a commercial bank. The main deal types handled can be classified as follows: Placements/Loans A contract to lend a fixed amount of money in a specific currency. From the view of BDA, it’s a lending.  The interest rate can be agreed […]

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