Setting up Floating Rate Templates

“Floating Rates” are variable interest rates (e.g. SOFR, SONIA). When you create a Deal, you will refer to these rates when you set up pricing and fees.

A Floating Rate Template is a collection of multiple Floating Rates that you define and then assign to a single or several Deals. This way, an update of a Floating Rate will happen across all Deals it is assigned to at once.