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Contract Specifications

1. PAMnoRF (Fixed Coupon Bullet Loan)​

  • Contract Type: PAM (Principal at Maturity)
  • Interest Rate: Fixed at 2% per annum
  • Business Days: Weekdays (calendar: WEEKDAY)
  • Start Date: 2015-01-01 (statusDate)
  • Maturity Date: 2020-01-02
  • Interest Payment: Yearly (cycleOfInterestPayment: P1YL0), starting from 2016-01-02
  • Principal Repayment: Full repayment at maturity
  • Day Count Convention: 30E/360 (30-day months)
  • Currency: USD

2. PAMwRF (Variable Coupon Bullet Loan)​

  • Contract Type: PAM (Variable Rate)
  • Interest Rate: Adjusted annually (cycleOfRateReset: P1YL1), based on:
    • Base Rate: UST5Y (marketObjectCodeOfRateReset)
    • Rate Spread: +1%
  • Start Date: 2015-01-01
  • Maturity Date: 2020-01-02
  • Interest Payment: Semi-annual (cycleOfInterestPayment: P6ML0), starting from 2016-01-02
  • Principal Repayment: Full repayment at maturity
  • Rate Reset: First on 2015-07-02, then yearly

3. ANNnoRF (Fixed Rate Annuity/Mortgage)​

  • Contract Type: ANN (Annuity)
  • Interest Rate: Fixed
  • Start Date: 2015-01-01
  • Maturity Date: 2020-01-02
  • Payment Schedule:
    • Interest Payments: Yearly (cycleOfInterestPayment: P1YL0)
    • Principal Repayments: Yearly (cycleOfPrincipalRedemption: P1YL0), starting from 2016-01-02
  • Total Payment: Fixed sum covering both principal + interest

4. ANNwRF (Variable Rate Annuity/Mortgage)​

  • Contract Type: ANN (Variable Rate)
  • Interest Rate: Adjusted annually, same as PAMwRF
  • Start Date: 2015-01-01
  • Maturity Date: 2020-01-02
  • Payment Schedule:
    • Interest Payments: Yearly
    • Principal Repayments: Yearly, starting from 2016-01-02
  • Total Payment: Varies as interest rate changes

Each contract follows the ACTUS standard, allowing precise cash flow calculations based on predefined financial scenarios.

For more details, visit the ACTUS Financial Research Foundation.