Try EB.CALC.REPAYMENT routine with the following parameters:
CALL EB.CALC.REPAYMENT(PRIN, CCY, RATE, LIFE, FREQ, TYPE, INTEREST,
RESIDUAL.AMOUNT, START.OR.END, DAY.BAISS, ROUNDING, REPAY.AMT)
Incoming arguments
PRIN = Prinicipal amount
Currency = Currency of the contract
Rate = interest rate
Life = Number of payments
Freq = Frequency of payments like M01
TYPE = ANNUITY OR LINEAR
INTEREST = Interest element of first payment (Applicable for annuity only)
RESIDUAL.AMOUNT = Residual Principal
START.OR.END = 0 or '' for payment due at end of period
1 for due at end of period
Basis = A,B,E,F (INTEREST.BASIS)
Outgoing arguments:
REPAY.AMOUNT = Repayment amount total (To findout interest you can deduct
this amount - Interest amount)
Try this. It will work fine.
On Tue, Apr 21, 2009 at 10:29 AM, M Rizwan <[email protected]> wrote:
> Does T24 has any built-in function to calculate interest based on the
> "interest basis" supplied as a parameter to the function.
> I could not find this info. in Temenos Users manual "Subroutine Guide".
>
> Will anybody please give me the name of the function along with info. about
> its parameters.
>
>
> Thanks
>
> Raif
>
> >
>
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