FM SFLP.Next Interest Rate Adjustment Date
From Open Risk Manual
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Contents
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
- Temporal Classification: Performance
- Data Category: Loan
Implementation
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Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
