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: INTEREST_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