FM SFLP.Next Interest Rate Adjustment Date

From Open Risk Manual

Definition

Next Interest Rate Adjustment Date: For adjustable-rate loans, the month and year that the interest rate is next subject to change.

Notes

  • Applicable to certain CIRT offerings.
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 92
  • Column Label: RATE_CHANGE_DATE
  • Data Type: DATE
  • Data Maximum Length: MMYYYY

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates