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Anais Bouque Posted ·

New API version - Corporate Lending Alternative Reference Rates

Dear community,


We are pleased to announce the release of a new API version in the SERVICE channel.


Corporate Lending Alternative Reference Rates

Calculates the ARR rate based on Simple Average and accrued interest amounts for the provided loan parameters such as interest period dates, loan balance amount, and so on, and other ARR parameters, using the daily published risk-free reference rate.

It contains now 10 endpoints:

  • GET /daily-compounding/rates: Calculates the average compounded rate for the given input criteria
  • POST /daily-compounding/interest: Calculates the average compounded rate, cumulative interest etc. on the input criteria
  • GET /compounded-in-arrears/average-rate: Calculates the average compounded rate for the given input criteria
  • POST /compounded-in-arrears/interest: Calculates the average compounded rate, cumulative interest etc. on the input criteria
  • GET /compounded-in-arrears/arr-index/average-rate: Calculates the average compounded rate from the index rate
  • GET /compounded-in-arrears/tenors/average-rates: Calculates the average compounded rate from the tenors
  • GET /simple-arr/rates: Simple ARR Rates
  • GET /simple-average/interest: Calculates the ARR rate based on Simple Average for the provided start/end dates (such as interest period dates) and other ARR parameters, by leveraging the daily published risk-free reference rate into legacy lending systems to perform conventional interest accrual calculations.
  • GET /simple-average/interest: Calculates the ARR rate based on Simple Average and accrued interest amounts for the provided loan parameters such as interest period dates, loan balance amount, and so on, and other ARR parameters, using the daily published risk-free reference rate.

More documentation here.

API - Corporate Banking
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