This transaction is used to delete an existing reference interest rate type.

Once an existing interest rate type and its corresponding currency have been selected, the interest rate type can be deleted. Confirming the prompt to delete removes the interest rate type from the database. Because this can have a major impact on the proper functioning of the system, this should be handled with care. Call on the assistance of the support staff to adapt any rules that may be affected by deleting the interest rate type.

Detailed information about this static data system can be found under “Maintaining Reference Interest Rate Types”.

Interest Rate Type