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