copy of ifa calculation spreadsheet

8/8/2019 Copy of Ifa Calculation Spreadsheet

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Provided by: VEFI - The Association of Forfait

Note:

This utility is provided to you as is. We do not warrant uninterrupted or error free operation.

Under no circumstances are we liable for any of the following:1. third-party claims against you for losses or damages;

2. loss of, or damage to, your records or data; or

3. economic consequential damages (including lost profits or savings)

or incidental damages, even if we are informed of their possibility.

You may use, change or distribute this worksheet as long as you mention the source

"VEFI -The Association of Forfaiters in Switzerland". Terms for changing the spreadsheet se

Section 1:

- face values are calculated by applying simple interest on the reducing balance

Section 2:

- interest is calculated on a straight discount or discount-to-yield basis- annual or semi-annualcompounding is applied to yields

- 365/360 or 365/365 days basis are used

- grace days and weekends (but not bank holidays) are taken into account

- interpolated interest rates (eg. calculate the rate for a 540 days

note from a given 12 months and the 2 years rate) are calculated

- matching libor ("rough") or average life libor are used

To the best of our knowledge this spreadsheet is Year2000 compliant.To the best of our knowledge this spreadsheet is virus free.

Copyright by VEFI - The Association of Forfaiters in Switzerland

http://www.forfaitswiss.ch

Requires Microsoft Excel 97 E or above

Terms for changing this worksheet:

To change the worksheet you have to unprotect it. You do not need a password to unprotect.We will not be able to assist you. Whatever you do (or what we did) you will have to find out yourself.

Will help you to determine the face values based on a given contract amount

Will help you to discount notes with known face values and maturities:


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rs in Switzerland

below.


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Calculation of Bill Amounts (Face Values)


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Calculation of Bill Amounts (Face Values) Provided by: VEFI - The Association of Forfaitiers in Switzerland

Interest paid by buyer 0.0000 Interest as from 10/2/2010 365/360 days basis

Principal Interest Face Value Maturity + Days Days

0.00 0.00 0.00 8/30/2015 1 1794

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0 0

0.00 0.00 0.00

Discount Calculation Yield Provided by: VEFI - The Association of Forfaitiers in Switzerland

Counterparty ROMSTRADE/CNADR Reference

Guarantor / Country Currency EURO

Commitment date 10/2/2010 Commitment Fee 0 Other Fees 0 (in % if below 50 / flat if above)

Discounting date 10/4/2010 Margin 6.500000 Grace Days 0 Average Life 4.91

Applied Libor rate 0.000000 Discount rate 6.500000 h. Libor (rough) 0 Face Value 1,000,000.00

Yield annually compounded Average Life Libor 0 Net Value 730,880.75

equivalent Straight Discount rate: 5.406414Face Value Maturity + Days Days Discount Net Amount Libor Libor Rates

1,000,000.00 8/30/2015 1 1792 269,119.25 730,880.75 0 1 M 0.000000

0 0 0.00 0.00 0 2M 0.000000

0 0 0.00 0.00 0 3M 0.000000

0 0 0.00 0.00 0 4M 0.000000

0 0 0.00 0.00 0 5M 0.000000

0 0 0.00 0.00 0 6M 0.000000

0 0 0.00 0.00 0 7M 0.000000

0 0 0.00 0.00 0 8M 0.000000

0 0 0.00 0.00 0 9M 0.0000000 0 0.00 0.00 0 10M 0.000000

0 0 0.00 0.00 0 11M 0.000000

0 0 0.00 0.00 0 12M 0.000000

0 0 0.00 0.00 0 2Y 0.000000

1,000,000.00 269,119.25 730,880.75 3Y 0.000000

Days Rate Amount 73.0881% 4Y 0.000000

Commit Fee % 2 0 0.00 of face value 5Y 0.000000

Other Fees % 0 0.00 0.00

Net proceeds 730,880.75

copy of ifa calculation spreadsheet

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