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No more matching of quotation type with yield curve type/references (4.03) ( RELNBANK_403_EGK_QUOTART )

Short text

No more matching of quotation type with yield curve type/references (4.03)

Description

The quotation type no longer needs to match with the yield curve type and the assigned reference interest rates.
As of release 4.03, reference interest rates can be assigned to a yield curve type whose quotation type differs from that of the reference interest rates. Normally, a quotation type for a reference interest rate is determined from another quotation type using markups and markdowns. This more flexible reference assignment reduces the overall number of references necessary. For example, a bid yield curve can now be calculated from ask reference interest rates using markups and markdowns.

Effects on Customizing

The assignment of reference interest rates has become more flexible in the function 'Set up yield curve type'.