How To Fix 64103 - Unit-quoted bonds do not have an issue rate

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 103

• Message text: Unit-quoted bonds do not have an issue rate

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64103 - Unit-quoted bonds do not have an issue rate ?

  The SAP error message 64103, which states "Unit-quoted bonds do not have an issue rate," typically occurs in the context of financial transactions involving bonds in the SAP system. This error indicates that there is a missing or incorrect issue rate for a bond that is quoted on a unit basis.
  Cause:
  
  Missing Issue Rate: The bond in question is defined as a unit-quoted bond, which means it is quoted in terms of units rather than in monetary terms. However, the system does not have an issue rate defined for this bond.
  Incorrect Configuration: The bond may not be properly configured in the system, leading to the absence of necessary parameters like the issue rate.
  Data Entry Error: There may have been an oversight during data entry, where the issue rate was not provided or was incorrectly entered.
  
  Solution:
  
  
  Check Bond Master Data: 
  
  Navigate to the bond master data in SAP and verify that the issue rate is correctly defined. Ensure that all necessary fields are filled out, especially for unit-quoted bonds.
  
  
  
  Update Issue Rate:
  
  If the issue rate is missing, you will need to enter the correct issue rate for the bond. This can usually be done in the transaction related to bond management or securities management (e.g., using transaction codes like FTR_EDIT or FTR_CREATE).
  
  
  
  Review Configuration Settings:
  
  If the issue persists, review the configuration settings for bonds in the SAP system. Ensure that the settings for unit-quoted bonds are correctly defined and that the system is set up to handle these types of securities appropriately.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling bonds and the required fields for unit-quoted bonds.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for bond management, such as FTR_CREATE, FTR_EDIT, and FTR_LIST.
  SAP Notes: Check for any SAP Notes related to bond management and error message 64103, as there may be patches or updates that address this issue.
  Training and Documentation: Ensure that users involved in bond management are trained on the correct procedures for entering and managing bond data in SAP.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solution to resolve it.